Skanska has signed a NOK4.6 billion (US$432.13 million) contract with the Norwegian Road Authority (NPRA) to build a stretch of the E18 highway in Oslo, Norway.
The scope of the contract involves the design and construction of a 2.3 km section of the E18 motorway, comprising 2x3 lanes, between Fornebukrysset and Strand. It also includes the creation of a dedicated cycle route along the entire stretch and a new local access road to Fornebu. Additionally, the contract encompasses the construction of the Høvik Tunnel (660 m) and the Gjønnes Tunnel (440 m). Changes to the surrounding local road systems, including pedestrian and cycle paths, are also part of the project. Furthermore, the project aims to achieve environmental certification at the BREEAM Infrastructure level of Excellence.
This project forms a vital component of the extensive E18 Western Corridor initiative, aimed at establishing a new primary highway network stretching from Lysaker in Bærum to Drengsrud in Asker municipality. The upgraded E18 will serve as a substitute for one of Norway's heavily congested road segments, which currently experiences traffic issues, limited public transportation accessibility, and significant noise and air pollution concerns. Scheduled to commence in the summer of 2023, the construction phase of the project is anticipated to conclude by early 2030.
DIF Capital Partners has announced its investment in Qair, a renewable energy platform company, through DIF Infrastructure VII fund.
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Webuild, part of Sotra Link AS, has announced financial closure on the Sotra Connection PPP Project. The project includes financing, design, construction and multi-year maintenance of a network of roads, tunnels and bridges in western Norway.
Read moreThe Norwegian Public Roads Administration (Statens vegvesen) has qualified three consortia for the next phase of the tender process for Rv 555 Sotrasambandet PPP project (the Sotra connection). The companies are further invited to the clarification and tender phase for the contract on the PPP project. The contract for Sotrasambandet has an estimated value of around NOK 17 billion (USD 1.1 billion).
Read moreNorwegian Public Roads Administration (Statens Vegvesen) has announced the names of the members of consortia that expressed their interest in RV 555 Sotrasambandet PPP project (the Sotra Connection), the largest transport project in Norway.
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Around 130 people from Norway and abroad attended the information meeting about the largest individual contract within transport and communications in the history of Norway, with an investment value of NOK 10 billion (USD 1.11 billion) - Rv 555 Sotra Connection. The information meeting showed that both the Norwegian and the international markets are hungry for this contract.
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