Construction company NCC has secured a contract to build a road and tunnel between Breivika and Lerstad in Ålesund, Norway.
Awarded by the Norwegian Public Roads Administration, the contract has been valued at approximately Skr1.5bn ($146.49m).
NCC will be responsible for the construction of E136, a 3.3km four-lane road, passing through a tunnel.
NCC Infrastructure head Kenneth Nilsson said: “This project is particularly well aligned with NCC’s expertise in road and tunnel construction, and together with the Norwegian Public Roads Administration we have set the prerequisites for a successful partnership.
“We are delighted to have been entrusted with this task and look forward to commencing work on this important project.”
The project is a part of the overarching Bypakke Ålesund infrastructure initiative aimed at reducing traffic congestion in the region, with the new road expected to enhance public transport capacity, shorten travel times, and improve accessibility and road safety in the region.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataNorwegian Public Roads Administration Construction director Kjell Inge Davik said: “This is a very important project for both the Norwegian Public Roads Administration and Bypakke Ålesund.
“The new road will ensure efficient and future-oriented traffic flows into central Ålesund.”
Construction of the Ålesund road and tunnel is scheduled to commence in early 2024, with an anticipated completion date of 2027.
The order value will be registered within NCC’s Infrastructure business segment in the first quarter of 2024.
Earlier this month, NCC announced its plans to construct Diamanten, a multifunctional building situated in Bjurholm, Sweden.