Rv555, Norway
In April 2023, John Laing entered a partnership arrangement to acquire an indirect majority interest from Macquarie Capital in the consortium delivering Norway's Rv555 Sotra Connection public-private partnership (PPP). The project is the largest PPP in Norway to date.
9.4km four-lane road link
4.6m of road in twin-tube tunnels
c.900m suspension bridge
3 further bridges
The project was procured by the Norwegian Public Roads Administration (NPRA), which receives funding from the Norwegian state. It consists of the design, build, finance, operation and maintenance (DBFOM) of a 9.4km four-lane road link on the Rv555 in Norway’s Vestland County. Following financial close in March 2022, the road is currently in early-stage construction. The PPP will deliver lower transport costs, better accessibility and increased traffic safety for the municipalities of Bergen and Øygarden.
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