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The Norwegian infrastructure and construction market is a significant sector of the country's economy, contributing over 7% to GDP. The market is characterized by a strong focus on sustainability and innovation, as well as a high level of public investment. In 2022, the market was valued at NOK 450 billion (USD 49 billion).
The Norwegian infrastructure and construction market is expected to grow at a CAGR of 2.5% from 2023 to 2028, driven by factors such as population growth, urbanization, and increasing demand for renewable energy infrastructure.
The Norwegian government is the largest procurer of infrastructure and construction services in the country. In 2022, the government spent NOK 130 billion (USD 14 billion) on infrastructure and construction projects.
The Norwegian government has a number of policies in place to promote sustainable and innovative procurement practices. These policies include:
A requirement for all public procurements to consider environmental and social factors
A focus on innovation procurement, which aims to encourage the development of new and sustainable solutions
The main infrastructure and construction products and services procured by the Norwegian government are:
Roads and bridges
Buildings
Railways
Tunnels
Energy infrastructure
Environmental infrastructure
The top authorities for Norway infrastructure and construction procurement are:
The Norwegian Public Procurement Authority (NPPA)
The Ministry of Transport and Communications
The Ministry of Climate and Environment
The Ministry of Local Government and Modernization
The top winners of Norway infrastructure and construction procurement are:
Veidekke
Skanska
NCC
AF Gruppen
Strabag
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