A multiple direction switching valve of a construction equipment, comprising a first circuit and a second circuit that are formed in a valve member block, wherein: the first circuit is supplied with pressure oil from a first pump, with a first direction switching valve being located on the first circuit; the second circuit is supplied with pressure oil from a second pump, with a second direction switching valve being located on the second circuit; the first direction switching valve is a valve that controls supply and discharge of the pressure oil from the first pump to the first actuator; the second direction switching valve is a valve that controls supply and discharge of the pressure oil from the second pump to the second actuator; a first actuator accelerating valve is located in the valve member block, the first actuator accelerating valve having an accelerating position at which the pressure oil from the second pump is supplied to the first actuator, and a neutral position at which the pressure oil from the second pump is not supplied to the first actuator; characterized in that the switching valve comprises a first actuator acceleration releasing mechanism is disposed in the valve member block, the first actuator acceleration releasing mechanism being configured to switch the first actuator accelerating valve from the accelerating position to the neutral position, when the second direction switching valve is operated, wherein: the first actuator acceleration releasing mechanism includes a sub valve that cooperates with the second direction switching valve, a pilot path connected to a pilot pump, and an acceleration releasing signal path that connects an upstream side of the sub valve in the pilot path to a pilot port of the first actuator accelerating valve; and when the second direction switching valve is operated, the sub valve shuts off the pilot path so that the upstream side of the sub valve has a pilot pressure, whereby the first actuator accelerating valve switches from the accelerating position to the neutral position. the first circuit is supplied with pressure oil from a first pump, with a first direction switching valve being located on the first circuit; the second circuit is supplied with pressure oil from a second pump, with a second direction switching valve being located on the second circuit; the first direction switching valve is a valve that controls supply and discharge of the pressure oil from the first pump to the first actuator; the second direction switching valve is a valve that controls supply and discharge of the pressure oil from the second pump to the second actuator; a first actuator accelerating valve is located in the valve member block, the first actuator accelerating valve having an accelerating position at which the pressure oil from the second pump is supplied to the first actuator, and a neutral position at which the pressure oil from the second pump is not supplied to the first actuator; characterized in that the switching valve comprises a first actuator acceleration releasing mechanism is disposed in the valve member block, the first actuator acceleration releasing mechanism being configured to switch the first actuator accelerating valve from the accelerating position to the neutral position, when the second direction switching valve is operated, wherein: the first actuator acceleration releasing mechanism includes a sub valve that cooperates with the second direction switching valve, a pilot path connected to a pilot pump, and an acceleration releasing signal path that connects an upstream side of the sub valve in the pilot path to a pilot port of the first actuator accelerating valve; and when the second direction switching valve is operated, the sub valve shuts off the pilot path so that the upstream side of the sub valve has a pilot pressure, whereby the first actuator accelerating valve switches from the accelerating position to the neutral position. the first actuator acceleration releasing mechanism includes a sub valve that cooperates with the second direction switching valve, a pilot path connected to a pilot pump, and an acceleration releasing signal path that connects an upstream side of the sub valve in the pilot path to a pilot port of the first actuator accelerating valve; and when the second direction switching valve is operated, the sub valve shuts off the pilot path so that the upstream side of the sub valve has a pilot pressure, whereby the first actuator accelerating valve switches from the accelerating position to the neutral position.