Landsverk says 300 million kroner needed annually for roads, tunnels, and maintenance
Landsverk, the Faroese national road authority, has stated it needs 300 million kroner per year for the national road network in the coming years to advance tunnel projects approved by the parliament and to carry out necessary maintenance, according to a new report.
The amount is nearly double the average of 155 million kroner spent annually on the road network over the past decade and is aimed at addressing a massive maintenance backlog that has accumulated over decades.
The report, submitted to Industry Minister Jacobi Vestergaard, proposes a work plan for the 200 million kroner allocated specifically for maintenance over the next four years. The latest estimate of the maintenance backlog is 375 million kroner, but Marjun Weihe Thomassen, director of Landsverk, said that figure is from an approximately 10-year-old assessment and is now significantly larger.
The report also recommends that maintenance be taken into account when new investments in roads and tunnels are made in the future.