Swedish construction firm NCC has won a contract to build two road tunnels worth about SEK2.7bn ($300M) in the Faroe Islands.
The order has been awarded by Eystur-och Sandoyartunlar (EST), wholly-owned by the government of the Faroe Islands, and is divided into two sub-projects subject to funding approval by the government.
The scope of the work will include the construction of two tunnels measuring 11.2km and 10.5km, respectively. It will also involve the construction of roads and roundabouts to connect to the existing infrastructure.
The first tunnel, Eysturoyartunnilin, is estimated to cost about SEK1.5bn ($166M), while the second tunnel, Sandoyartunnilin, is valued at approximately SEK1.2b ($133M), with an option for the customer to decide not to implement the project. Construction on the first tunnel will start in December 2016.
NCC Infrastructure business area manager Svante Hagman said: “We have extensive experience of tunnel construction at NCC, with leading-edge expertise in our Norwegian operation. It is gratifying to be able to offer a comprehensive concept that provides security for the customer in terms of the implementation of the project.”