Norway’s Statens Vegvesen is to invest €14 billion in new roads

Norway’s public roads administrator - Statens Vegvesen – said it will invest €13.8 billion in new roads over the next six years. The investment is part of the national transport plan - Nasjonal Transportplan. The Administration states that it will require about €4.3 billion in tolling fees, excluding other tolling fees from projects headed by Norwegian road construction company Nye Veier. Terje Moe Gustavsen, road director at Statens Vegvesen, said that around €3 billion will be earmarked for environment
February 16, 2018 Read time: 1 min

Norway’s public roads administrator - 1208 Statens Vegvesen – said it will invest €13.8 billion in new roads over the next six years.

The investment is part of the national transport plan - Nasjonal Transportplan.

The Administration states that it will require about €4.3 billion in tolling fees, excluding other tolling fees from projects headed by Norwegian road construction company Nye Veier.

Terje Moe Gustavsen, road director at Statens Vegvesen, said that around €3 billion will be earmarked for environmentally friendly transport projects in the nine largest regions in Norway.

Finance & Funding

For more information on companies in this article

Related Content

  • Norway considers speed limit hike to 120kph for some motorways
    June 21, 2019
    Raising the motorway speed limit in Norway to 120kph could mean four deaths annually, according to research by the Norwegian Public Roads Administration (Statens vegvesen). It could also cost up to €504 million to build or upgrade 460km of motorways to withstand the wear and tear caused by having a 120kph limit. State Secretary Tommy Skjervold said that the government will analyse the research before making a final decision about raising or not the speed limit on some motorways. Norway has some of
    Read More
  • Norway halts E6 Storhove-Roterud near Lågen
    January 2, 2023
    Road agency Nye Veier received dispensation for construction of a motorway in the Lågen delta from the State Administrator last April but the work has run into environmental concerns
    Read More
  • Norway is reconsidering its key transport plan
    October 7, 2019
    Norway is reconsidering its key transport plan aimed at removing the need for ferries along its coast. The programme was intended to build bridges and tunnels along the E39 route connecting Trondheim and Kristiansand. The route runs from Kristiansand in the south of the country, along the coastline. Norway’s scenic coast features many fjords, with ferries currently crossing many of these. However the plan had been to build a series of bridges and tunnels to speed transport. Faced with spiralling cost
    Read More
  • Norway’s E10 project is officially underway
    August 7, 2023
    Hålogalandsvegen/Skanska will finance, build, maintain and operate a section of the E10 Hålogalandsvegen and Highway 85 Tjeldsund–Gullesfjordbotn–Langvassbukt north of the Arctic Circle.
    Read More

Highlighted Content