Skanska to upgrade Norway's Lærdal Tunnel for NOK 1.6 billion
Skanska has signed a contract with the Norwegian Public Roads Administration to upgrade the E16 Lærdal Tunnel. The contract is valued at approximately NOK 1.6 billion.
Skanska has secured a contract with the Norwegian Public Roads Administration (Statens Vegvesen) for the upgrade of the E16 Lærdal Tunnel in Norway. The contract is worth approximately NOK 1.6 billion (about SEK 1.5 billion) and will be booked in Skanska's Nordic operations order intake for the third quarter of 2026.
The Lærdal Tunnel, stretching 24.5 kilometers, is the world's longest road tunnel and serves as a crucial transport link between eastern and western Norway.
The upgrade project aims to enhance the tunnel's safety, reliability, and technical systems. These improvements are intended to ensure the continued efficient flow of traffic between Norway's capital, Oslo, and the western city of Bergen.
Further details regarding the specific scope of the upgrade and the project timeline are expected to be released following the contract finalization. The work is anticipated to contribute to Skanska's financial results in the latter half of 2026.