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New road could cut Bergen-Oslo journey time to four hours

Norway is reported to be planning a new four-lane E134 road which would significantly cut journey times between Bergen and Oslo.

New road could cut Bergen-Oslo journey time to four hours
File photo: AFP

The road, the E134, would have a speed limit of 110 kilometres per hour and costs for construction could reach 150 billion kroner, NRK reports.

With the drive between the capital and the west coast city currently taking around seven hours, the new road would make for a considerable reduction to journey times.

Nye Veier AS, the state-owned road construction company formed in 2016, wants to build the new four-lane E134 motorway and presented its proposal earlier this week, according to the broadcaster’s report.

“We envisage being able to reduce journey times to around four hours,” Nye Veier CEO Anette Aanesland told NRK.

However, a spokesperson for high-speed railway builder Norsk Bane said the estimated cost of between 120 and 150 billion kroner would be better spent on a fast rail connection between the cities, which it said would cost around them same.

“The railway would cost 150 to 200 billion kroner (to build), but overall costs would be much less. Operational income would help to pay off investment,” the company’s director Jørh Westermann told NRK.

A high-speed rail connection could bring the journey down to as little as 2.5 hours and also provide faster transportation for goods, he also said.

READ ALSO: Russia opens first Arctic train service to Norway

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RENTING

Rental prices in Norway’s biggest cities continue to rise

The cost of renting in Norway's four largest cities rose overall during the third quarter, with prices up six percent this year, figures from Real Estate Norway show. 

Rental prices in Norway's biggest cities continue to rise

A sharp increase in rent prices in Norway continued throughout the third quarter, figures from Real Estate Norway (Eiendom Norge) released on Tuesday show. 

“Real Estate Norway’s rental housing price statistics show a historically strong rise in rental housing prices in Norway in the third quarter,” Henning Lauridsen, CEO of Real Estate Norway, stated in a report on the latest figures. 

Growth was most robust in Stavanger and Oslo, according to Real Estate Norway. 

“The strong growth in rental prices we have seen in the wake of the pandemic continued in the third quarter, and it is particularly in the Stavanger region and in Oslo that the growth in rental prices is strong,” Lauridsen said. 

Stavanger and nearby Sandnes saw the largest price increases, with the cost of renting there increasing by 4.7 percent during the third quarter. During the same period, rents in Oslo increased by 2.5 percent, while a marginal 0.3 percent rise was recorded in Trondheim. 

While the cost of renting in Norway’s four largest cities overall increased by 2 percent, rental prices in Bergen declined. There, rents fell by 2.5 percent in the third quarter.

Lauridsen said that the increase in rental prices was likely to continue due to several factors. High inflation, interest rates, increased taxes on rental properties and a low supply of homes on the market all contributed to increasing rents. 

However, he did note that the supply of rental homes on the market had increased in Trondheim and Oslo since the summer. 

Lauridsen said that the least well-off financially were being hit hardest by rent rises. Previously, the Norwegian government has informed The Local that it will not introduce a temporary cap on rent increases. 

READ MORE: Norway’s government rules out a temporary rent cap

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