27.5 Billion Kroner Investment For Danish Infrastructure

02 Mar 2013

Denmark Government has revealed massive infrastructure plans by allocating 27.5 billion kroner funds for faster and greener public transportation system .

"The plan will make Denmark greener, better connect the country and provide better infrastructure,” “The 27.5 billion kroner will be obtained from the oil industry, which has long enjoyed advantageous terms when drilling for oil. All of Denmark should benefit from the oil industry in the North Sea.”

“It is positive that the government wants to invest in infrastructure. It is much needed and we are pleased about the plans,”

“But it is negative that they only invest in public transport. They need to invest in the roads as well.”

 “We naturally believe that it is a good idea to tax the oil business harder and using the money for the collective traffic is something we can be part of,”

Allocated funds would be utilized for:

• 5.4 billion kroner to a new railway system across Funen
• 4.0 billion kroner for a new bridge across Vejle Fjord
• 3.4 billion kroner for a new railroad station in Aarhus
• 5.0 billion kroner for the electrification of parts of the railways system
• 1.2 billion kroner to improve the railways between Roskilde and Kalundborg
• 1.0 billion kroner to improve the railways between Aalborg and Frederikshavn
• 4.9 billion kroner for the 'hour model' and other initiatives

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