Faroe Islands to have two new subsea tunnels by 2024

The Faroe Islands will have two new toll-financed subsea tunnels by 2024 after the Løgting parliament approved the Islands’ biggest ever public construction project. One of the tunnels, Eysturoyartunnelen, will connect the islands of Eysturoy and Streymoy, and the other, Sandoyartunnelen, will connect islands of Streymoy and Sandoy. The estimated cost of the tunnels are €140.63 million (DKK 1.05 billion) and €115.18 million (DKK 860 million) respectively.
April 17, 2014 Read time: 1 min
The Faroe Islands will have two new toll-financed subsea tunnels by 2024 after the Løgting parliament approved the Islands’ biggest ever public construction project. One of the tunnels, Eysturoyartunnelen, will connect the islands of Eysturoy and Streymoy, and the other, Sandoyartunnelen, will connect islands of Streymoy and Sandoy. The estimated cost of the tunnels are €140.63 million (DKK 1.05 billion) and €115.18 million (DKK 860 million) respectively.
Road Structures

Related Content

  • Tunnel contract for Bosnian highway
    December 17, 2012
    Turkish company Cengiz Insaat has reportedly been awarded the €115 million contract for the construction of the Suhodol-Tarcin motorway in Bosnia. The works, which will be done in cooperation with Bosnian company Euroasfalt, will include two tunnels. One of them will be 400m long, while the other will be 2.5km. Works are expected to be completed by 2014. Meanwhile, bids are now being offered for a major highway project in Bosnia. This follows the opening of the tender process for the project by Bosnian high
    Read More
  • Ferry operators sink the financing plan for Fehmarn Belt link
    December 17, 2018
    The Court of Justice of the European Union has said Denmark’s state grant aid to the proposed Fehmarn Belt link is illegal under EU rules. The court noted that the European Commission approved the Fehmarn project’s financing – total cost likely around the €8.7 billion - in July 2015 without a formal procedure. Denmark is completely responsible for financing the project that will replace a ferry service. Part of the funds were to come through the European Union and its Connecting Europe Facility for tr
    Read More
  • US$766.15bn to be invested in China road network expansion
    June 24, 2013
    Over the next 17 years, China will invest US$766.15 billion (CNY 4.70tn) to expand the country's major road network by over two times. By 2030, the length of roads in China is expected to total 5.8 million kilometres, with trunk ways and highways making up 7% of the total. Provincial and countryside roads are expected to account for 9% and 84% respectively. According to a road expansion blueprint approved in May 2013 by the State Council, the length of toll-free trunk ways and toll highways should by 2030 i
    Read More
  • Further delays expected for the Fehmarn Belt Fixed Link
    August 26, 2015
    Further delays to the planned Fehmarn Belt Fixed Link between Germany and Denmark appear likely because of objections to the project during the planning stages, Danish media reported. Government authorities in the German state of Schleswig-Holstein indicated that permission for the project, which focusses on a 17km immersed road and rail tunnel, will probably be given in 2017, and not next year as previously believed. German authorities have received about 3,100 objections to the project that has rise
    Read More

Highlighted Content