WATERVILLE, Maine (WABI) A new interstate 95 exit opened Friday at Trafton Road in Waterville.
Exit 124 is now open for traffic both north and south.
Governor LePage, Waterville's Mayor, and reps of Trafton Properties, which owns the land, were at Friday's ribbon cutting.
The $5.3 million dollar project had been on the minds of local businesses and officials for decades.
Trafton Properties, the city of Waterville, the U.S. Commerce Department and Economic Development Administration tapped into MaineDOT's business partnership program to make it a reality.
The program's designed to promote public-private partnerships between the state, municipalities and private business.
Governor LePage says deals like this are the way of the future.
"Having met with the president and talked about infrastructure in the country, that's really where he's looking at. He's looking at not only the federal government being involved and local government, but also having the private sector get involved in these projects so there's a buy-in and an ownership all the way around," said LePage.
The Central Maine Growth Council says this interchange will help foster business growth opportunities for the area.