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

  • Road user charging comes to the UK?
    December 14, 2017
    A new funding scheme for England’s proposed Major Road Network was greeted with enthusiasm by local authorities which partly pay for road upkeep. But this enthusiasm may be premature, explains Alan Pauling*
    Read More
  • Russia's key highway development project
    February 8, 2012
    One of the largest construction programmes in Europe is being carried out to get a Russian resort ready for the Winter Olympics. Patrick Smith reports
    Read More
  • Russia's key highway development project
    May 28, 2012
    One of the largest construction programmes in Europe is being carried out to get a Russian resort ready for the Winter Olympics. Patrick Smith reports. Daytime temperatures top 30°C in September, and with hundreds of shops and hotels, it is not difficult to see why Sochi has become Russia's premier holiday playground. The city, on the east coast of the Black Sea, near the border with Georgia, bustles with tourists, and this is boosted with delegates at the 9th International Investment Forum Sochi 2010.
    Read More
  • Land costs push up the price tag of the Dhaka-Chittagong Expressway
    August 23, 2018
    Ballooning land acquisition costs are pushing up the cost of the proposed 217km Dhaka-Chittagong Expressway, according to media reports. Under the project, the highways directorate has already widened 190km of the two-lane highway to four-lanes and constructed three flyovers. The sources also said now the agency has estimated the cost for constructing the full 217km at nearly US$2.4 billion without land acquisition cost.
    Read More

Highlighted Content