Swedish construction company NCC has signed a contract to build two sub-sea road tunnels in the Faroe Islands, an archipelago north of Scotland. The first project – the Eysturoy Tunnel between Eysturoy and Streymoy - will cost around €152 million. The value of second one – the Sandoy Tunnel between Streymoy and Sandoy – will cost about €120 million, but there is an option for the government-owned client, P/F Eystur- och Sandoyartunlar (EST), not to proceed.
The government created the company, Eystur – og
