An improved FPGA comprising, a direct interconnect structure for providing selective data routing without stressing the general-purpose routing resources and enabling high rate of data exchange within the FPGA. At least two IP cores are connected to each other through said direct interconnect structure for enabling simultaneous data interaction among the ports of said IP cores and for providing configurable bus width routing between said IP cores, and a plurality of logic blocks connected to said IP cores through said direct interconnect structure for enabling simultaneous data routing among said IP cores and said plurality of logic blocks.