Norway approves construction of world's first ship tunnel, construction to begin 2027 (xataka.com)
0xBASE INTEL BRIEF
- Norwegian Parliament approves funding for Stad Ship Tunnel
- Construction to start early 2027, completion around 2032
- Budget: approx. $888 million, initial tranche $15 million
- Tunnel bypasses dangerous seas with 30-meter waves
- Three consortia shortlisted for construction
"Norway has finalized funding for the Stad Ship Tunnel after a government attempt to cancel the project failed. The 1.7 km tunnel will bypass the hazardous Stad peninsula, where waves up to 30 m hinder navigation. Estimated cost is $888 million. Tenders are evaluated, construction is set to start in early 2027 and finish by 2032. The tunnel will be the first of its kind for ocean-going maritime traffic."
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