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.
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