The work, on behalf of Hinckley and Bosworth Borough Council, includes junction improvements plus a length of dual carriageway and a roundabout near the Mira motor research centre, at Higham-on-the-Hill.
Bob Gibbon Regional Director for Galliford Try said: “We’re delighted to have been appointed as principal contractor for the A5 Major Highway Improvements Works.
“This is a great opportunity to strengthen our relationship with our local Council Hinckley & Bosworth Borough Council.”
The improvements are designed to significantly boost the local economy by encouraging new business investment in the new Enterprise Zone at MIRA and along the A5 corridor.
The improvements are being paid for by £17.6m of funding from the Government’s Regional Growth Fund, awarded to Hinckley and Bosworth Borough Council.