The North's Minister for finance has confirmed that 330 million pounds will be spent over the next four years upgrading two stretches of the A5 to dual carriageway status.
The money will be spent on a routes from Derry to Strabane and Omagh to Ballygawley.
The work on two of the three stretches of the A5, goes ahead despite the Irish Government backtracking on a 450 million pounds contribution to the project.
Instead Dublin will contribute just 50 million between now and 2016.
Funding has also been released for a new Omagh hospital and for a new ward at the Altnagelvin hospital in Derry.
The Minister of Finance and Personal Sammy Wilson says 2,500 construction jobs will be created as a result of this morning's announcement:
Mr Wilson says he will not be announcing any further funding details of the A5 project as he doesn't wish to take pressure off the Irish government: