Norwegian Public Roads Administration’s €10bn for roads and tunnels

The Norwegian Public Roads Administration (Statens vegvesen) plans to invest €10 billion (NOK 80 billion) in road building and tunnel upgrades from 2014-17, according to its new investment plan for the period. A further another €2.87 billion (NOK 23 billion) will be spent on pedestrian and cyclist safety measures. Veidekke, a Norwegian construction company, forecasts 2-3% annual growth in the Norwegian construction market in 2014, but with a flattening out of housing construction. It forecasts Sweden
September 24, 2013 Read time: 1 min
The Norwegian Public Roads Administration (1208 Statens Vegvesen) plans to invest €10 billion (NOK 80 billion) in road building and tunnel upgrades from 2014-17, according to its new investment plan for the period.

A further another €2.87 billion (NOK 23 billion) will be spent on pedestrian and cyclist safety measures.

1209 Veidekke, a Norwegian construction company, forecasts 2-3% annual growth in the Norwegian construction market in 2014, but with a flattening out of housing construction. It forecasts Sweden and Denmark to have the highest growth potential.
Road Structures

For more information on companies in this article

Related Content

September 11, 2012

Shortage of engineers delays Norwegian tunnel renovations

A shortage of skilled engineers has caused a delay in the renovation of tunnels in Norway, according to Tore Braaten, project leader in the Norwegian Public Roads Administration (Statens Vegvesen). Braaten has called for the Ministry of Transport to attract expertise from abroad to improve the situation. Responding to Braaten, transport secretary, Lars Erik Bartnes, emphasised that the engineer shortage is a problem for tunnel renovation, rather than the construction of new tunnels.
boombox1

Highlighted Content

boombox2