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

  • New Zealand announces massive infrastructure development programme
    January 30, 2020
    New Zealand’s massive infrastructure development programme has a key focus on transport improvements.
    Read More
  • Safe road successes
    February 29, 2012
    According to the latest data from the International Transport Forum, there has been a steep decline in road deaths during first decade of 21st century in 33 countries.
    Read More
  • Europe’s construction activity shows some optimistic signs
    July 10, 2012
    A cautiously optimistic report has been published by the European Construction Industry Federation (FIEC), which shows activity levels continue to fall. The FIEC’s recently released annual statistical report provides a comprehensive review of construction activity in Europe and shows business levels have improved slightly in some sectors. “The EU total construction output amounted to €1,208 billion in 2011, which represents a growth of 1.4% compared to 2010”, stated FIEC vice-president Jacques Huillard, in
    Read More
  • Fehmarnbelt Tunnel start looms on the horizon - 2020
    October 20, 2017
    Work on the €7 billion immersed tunnel under the Fehmarnbelt could begin in 2020, according to the Danish state planning and operating company Femern. A construction start has been delayed on the 18km tunnel that will run between Germany and Denmark because of environmental and consultation issues in Germany. But Claus Baunkjaer, chief executive of Femern, said he is confident that Germany will give approval next year with another two years of preparations. Baunkjaer noted that Denmark is all set to p
    Read More

Highlighted Content