ALBUQUERQUE, N.M. (KRQE) – People commuting to and from the South Valley will soon have a safer, faster, route.

A ribbon cutting was held Friday to celebrate the construction on the project, which first began in August 2017. The entire interchange is set to be finished on schedule this August.

This is the first single point interchange in New Mexico.

“You know, room for them to travel, safety measures for them to get in and out of the South Valley. It’s going to be a really good opportunity now that we’ve moved from four to six lanes to decrease their travel times and get to where they’re going in an efficient and timely manner,” said Kimberly Gallegos with NMDOT District 3.

The interchange is designed to reduce congestion and improve traffic safety. Eighty percent of the nearly $55 million is funded by the Federal Highway Administration.