8-May-2013 1:15 PM

Norway Government supports Avinors investment plan

Norway's Avinor stated (07-May-2013) the Norwegian Government is in favour of its NOK20.6 billion (USD3.4 billion) investment programme between 2013 and 2017. The Government said it believes the majority of the investments can be implemented without capital subsidy from the state. The Ministry has also granted Avinor's application for renewed and amended licence for Bergen Airport Flesland. The new licence means that Avinor can build a new terminal 3 (T3) at the airport. Avinor is also planning investment in a new airport in Helgeland, a plan which was praised by the government, which will provides funding for the project. Meanwhile, it was also approved that Avinor can separate its ANS functions as a separate subsidiary.[more - original PR - Norwegian]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More