The customer is Eystur- och Sandoyartunlar (EST), which is wholly owned by the government of the Faroe Islands.
The contract is split into two sub-projects and is conditional upon approval of project funding by the government of the Faroe Islands. The value of the first tunnel is approximately SEK1.5bn (£134m). The second tunnel is worth about SEK1.2bn (£107m), with an option for the client to decide against implementing the project.
Construction work on the first tunnel – Eysturoyartunnilin – will begin next month. For the second tunnel – Sandoyartunnilin – the customer has the option to decide, not later than 30 June 2018, to cancel the project.
The two tunnels measure 11.2km and 10.5km, respectively. The project also includes roads and roundabouts for connection to the existing infrastructure.
NCC has experience of tunnel construction in the Faroe Islands, having built the Vagatunnilin and Nordoyatunnilin tunnels at the beginning of the century. Several of the key individuals who were involved in the earlier projects will be included in the project team for the new tunnels.