Plannedhighway construction on Quebec's Lower North Shore will bode well for communities in southern Labrador, a local business leader says.

Quebec Premier Jean Charest announced a $100-million plan Thursday to build 425 kilometres of highway along the north shore of the Gulf of St. Lawrence.

Towns along the southern Labrador coast have long had a kinship with Lower North Shore communities, although they have been accessible only by air and boat.

Stelman Flynn, who owns Labrador Preserves and a number of other businesses in Forteau, said the completion of the highway will have great economic consequences.

"We will finally be connected to the Quebec market and indeed central Canada… It means that we'll have an opportunity to compete and to ship right into the North American market," Flynn told CBC News.

"This has been a long time coming and I think this is great news economically for indeed the Quebec lower north shore and [us]."

Flynn added there will be new opportunities for tourism and manufacturing.

The highway construction plan will take 10 years to complete.

However, there will still be a 40-kilometre gap to be filled, and the Quebec government has not yet committed to build a bridge across the Natashquan River.