Swedish-based contractor NCC has won an SEK2.7 billion (€274.25 million) contract to build two road tunnels in the Faroe Islands.
The contract will be split into two sub-projects, with the first costing SEK1.5 billion (€152.36 million) and the second costing SEK1.2 billion (€121.89 million).
The project includes two tunnels measuring 11.2km and 10.5km. The project also includes roads and roundabouts for connection to the existing infrastructure.
Construction work on the first tunnel – Eysturoyartunnilin – will begin in December, while the second tunnel – Sandoyartunnilin – includes a break-out option, meaning the customer can decide to pull out of the project completely.
The company said the order for the first tunnel would be registered in the NCC Infrastructure business area in the fourth quarter of 2016.
The projects are subject to approval of project funding by the government of the Faroe Islands.
Svante Hagman, business area manager of NCC Infrastructure, 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.”