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| The pension funds are willing to put 100 billion into projects |
| Monday, 29 June 2009 15:42 |
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In that regard a few specific projects have been named such as the tunnel through Vaðlaheiði, the construction of a transportation terminl in Reykjavík, the dobbeling of the tunnels in Hvalfjörður and the building of the new Landspítali-university hospital. Kristján Möller minister of transportation says he welcomes the approach of the pension funds to projects in transportation as it is very important to the economy. A further report will be in the Morgunblaðið today.
News Article by Þorbjörn Þórðarson Translated by Anya Original Article in Icelandic
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The pension funds are willing to put 90-100 billion króna into financing public projects in the next 4 years, accourding to Arnar Sigmundsson, chairman of the National Associations of Pension Funds.
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