Norway boosts investment in maintenance and development of its infrastructure
Dietlikon, 16 April 2013 – The Norwegian infrastructure market’s upward potential was confirmed by the the new National Transport Plan 2014-2023 (NTP), which was presented by the Norwegian authorities last Friday. The ten-year-plan outlines how the Government intends to prioritise resources within the transport sector. It is revised every fourth year and now envisages investments worth NOK 51 billion per year (around CHF 8.3 billion) in the country’s infrastructure – a total of NOK 508 billion (around CHF 82.4 billion) over the next ten years. This represents an increase of more than 50% on the old NTP 2010-2019, which was worth NOK 322 billion (around CHF 52.2 billion). With an additional estimated NOK 10 billion per year (around CHF 1.6 billion) from other financing sources, Norway will continue to invest heavily in the maintenance and development of its roads, bridges, tunnels and railways.
In recent years, Implenia Norge has positioned itself very effectively in the Norwegian market as a full-service provider of complex infrastructure services. It achieved good results in 2012. With its local expertise and experience, backed by the group’s financial strength, the unit is now in an excellent position to benefit from the dynamic development of the market. Meanwhile, Implenia Norge has recorded a good level of incoming orders for the current period. As per end of March 2013 the backlog of orders stood at a healthy NOK 1.4 billion (around CHF 225 million) which is 63.6 % higher than last year’s NOK 851 million (around CHF 135 million).
Media contact Switzerland:
Philipp Bircher, Head of Communications Implenia Group
Tel.: +41 44 805 45 23; philipp.bircher@implenia.com
Media contact Norway:
Petter Vistnes, Business Unit Head Implenia Norge
+47 48 17 01 94; petter.vistnes@implenia.com
With the new National Transport Plan 2014-2023 Norway will continue to invest heavily in the maintenance and development of its roads, bridges, tunnels and railways – in total NOK 508 (around CHF 82.4 billion) over the next ten years.
Implenia is Switzerland's leading construction and construction services company. Formed in 2006 from the merger between Zschokke and Batigroup, Implenia can look back on more than 140 years of history in the construction industry. The company brings the expertise of its highly skilled Modernisation & Development, Buildings and Tunnelling & Civil Engineering Sectors, and its Switzerland and Norway Regions under the single roof of a nationally and internationally active company. With its integrated business model and specialists operating in all its divisions, Implenia can manage a building project through its entire lifecycle and deliver work that is economical, integrated and customer-centric. The focus is on striking a sustainable balance between financial success and social and environmental responsibility.
Implenia, with its headquarters in Dietlikon near Zurich, employs more than 6500 people and posted turnover of around CHF 2.7 billion in 2012. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at www.implenia.com.
