The extensive work. if approved by Tynwald members, will mean delays for motorists for over a year as the route, the main road from the west into the capital, is put back into shape.
However there will be a bonus for those on two wheels.
Part of the old road will be recycled and used to give the old railway line from Douglas to Peel a better surface.
Director of Highways Richard Pearson:
Isle of Man inflation eases slightly to 2.8% in October
Rising restaurant, food and tobacco prices continue to drive inflation, while energy costs help offset increases
Progress on autism strategy welcomed
Strategy team's first annual report and Phase 2 Action Plan published
Paper car tax discs cost DOI £7,500 each month
Minister admits infrastructure is not in place to digitise process within this administration
Just over half the vehicles examined were defective
Notices were issued for faulty lights, worn tyres, and a missing wheel nut
Milan Vets extends farm services following feedback from clients
Services to continue beyond 1 November with update 'early in the New Year'