WATERVILLE (AP) — Construction of a $6 million interchange on Interstate 95 in Waterville could start as early as next year.

The interchange is proposed by Trafton Realty LLC, which owns 921 acres off Trafton Road and houses Mid-State Machine and other businesses in its building.

According to the project’s purpose and needs statement, the interchange would address traffic congestion forecast for the I-95 interchange at Kennedy Memorial Drive, minimize emergency response times for vehicles going to the new hospital in Augusta and maximize truck freight traffic onto I-95 and off secondary roads.

The interchange will be paid for by a combination of public and private financing.

Officials told the Morning Sentinel (http://bit.ly/1gdS2JV ) that the proposal in the review stage with the federal Highway Administration and the state transportation department.