An Oxford to Cambridge Expressway could be created by improving the existing road network, filling some gaps, particularly between the M1 at Milton Keynes and the M40 near Oxford.
It will also assess where the slow speeds and delays are currently being experienced and study the housing growth in the area which will subsequently increase traffic congestion. The study is due to be completed by Autumn 2016.
The strategic study, which is part of the government’s Road Investment Strategy, has been commissioned by the Department for Transport.
It is one of six studies taking place across England which are designed to address the biggest challenges facing the strategic road network.
Nigel Edwards, divisional director of strategic planning at Highways England, said: “This study could lead to major benefits across the UK and I’m pleased we’ve now reached the stage where we can appoint specialist companies to start the study process.”