The government has (05.04.2017) proposed proposals for the development and funding of the E39 Rogfast project in Randaberg, Kvitsøy and Bokn municipalities in Rogaland for Parliament. "This will help tie businesses and the population closer together in Western Norway, and is the first stage of the project in our ambition for a ferry-free E39 between Kristiansand and Trondheim," said Minister of Transport, Ketil Solvik-Olsen.
E39 Rogfast will be the world’s longest and deepest sub-sea road-tunnel. It will also be the deepest sub-sea road-tunnel in the world. When Rogfast is completed, the journey time between Stavanger and Bergen will be reduced by approximately 40 minutes. At the same time, it will facilitate an expansion in the housing and labor markets in the region, which will strengthen important business clusters.
The financing plan for the project will start construction at the turn of the year 2017-2018, possibly early in 2018, with opening for traffic in 2025 or 2026. The project has an estimated cost of around 16.4 billion Norwegian kroner. The state's share of the funding has increased considerably from the original proposal of approximately 2.5 billion kroner, to funding totaling approximately 5.1 billion. Of this 1.6 billion kroner comes from the government's scheme to reduce the toll level. In addition, the government proposes that the state raise up to a further 1.6 billion if there are cost overruns, in order to avoid increased toll fees. Toll fees will be in place for 20 years, with an average fee of 374 kroner per passage.