Skip to main content

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.

For more information on companies in this article

Related Content

  • Spanish government reduces motorway rescue cost
    May 8, 2018
    The Spanish government has calculated the cost of rescuing Spain's nine bankrupt motorways at €1.8 billion. This is about 10% less than previously estimated, according to a report in the Spanish financial newspaper Expansión. The government has been trying for the past three years to facilitate a deal with banks to get the motorways out of debt and so to not add to the state’s own debt. Many of the nine projects were built prior to the financial crisis and traffic volumes were optimistically high.
  • The second ERF LAB event: 10 years down the road?
    October 24, 2019
    The second ERF LAB event* in Brussels examined the ‘Impact of new mobility on road infrastructure and equipment’, writes Christophe Nicodème, director-general of the ERF
  • Rebuilding a historic bridge linking the US and Canada
    March 8, 2016
    While many road authorities in North America are finding it difficult to stretch their bridge assets beyond half a century, one bridge is closing in on its centenary - David Arminas reports The international Peace Bridge, connecting the Canadian province of Ontario with the US state of New York, is 88 years young this year, and still going strong.
  • ARTBA predicts growth in transport construction
    December 2, 2016
    Modest growth in transport construction is predicted in the US in 2017 by the American Road & Transportation Builders Association (ARTBA). According to a report by ARTBA chief economist, Dr Alison Premo Black, total transportation construction and related market activity is expected to grow 1.3% in 2017, driven largely by increases in highway and bridge private construction activity supporting residential and commercial developments. In 2017, the market is expected to reach US$247.8 billion, up from $244