Common municipal initiative

The municipality of Oslo and Akershus County council jointly presented the Oslopakke 2 proposal to the Norwegian Parliament. As a result, the parliament asked the government to prepare a plan for the rapid development of the public transport infrastructure system in Oslo and Akershus.

The metro circle line became an important project in the development of transport public sector. The project is financed by a grant from the Norwegian Public Roads Administration (tolls and the public transport share of national road funding), as well as funds allocated by Oslo municipality. In accordance with stipulations outlined in Royal Proposition no. 1 (1999-2000), Oslo municipality acts as the main building contractor. Road & Transport Authority, Oslo, operates as the building contractor, as well as acting as project manager.

The project development plan was approved in December 1997. Construction work for the project began in June 2000.

When the new Metro circle line is fully in operation, it is expected to significantly reduce traffic loads in both municipal and national road networks.

Financing

The estimated total project cost, including price increase adjustments, was 1348 million Norwegian kroner on the 1st of January 2003, including project fees to the amount of 21,5 million kroner for the period between 1997 and 1999.

Grants/accounts in Norwegian kroner (million)

Heading                         Total 2000-2002       Forecast 2006

Oslo municipality grant              211,2

State subsidy/Oslopakke 2       487,0

Total                                          698,2

Accounting costs/forecast         682,2                    1348