The 17-million-dollar Ronald Reagan Parkway interchange on I-74 in Brownsburg is scheduled to open Wednesday, about two months ahead of schedule.

Local and state officials will attend a ribbon-cutting ceremony Monday to commemorate the completion of the work.

The project began last summer and is part of Governor Mitch Daniels' Major Moves highway construction program.

The interchange could be an important link in Hendricks County's long-awaited Ronald Reagan Parkway. The north-south corridor eventually will extend nearly 15 miles through Plainfield, Avon, and Brownsburg. The parkway eventually will connect I-70 and I-74.

The new interchange will be about two miles east of the Indiana 267 interchange.