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Clear growth in total investments

Total investments in Norwegian manufacturing, mining and quarrying and electricity supply will be higher in 2011 than in 2010, Statistics Norway (SSB) reports.

However, the growth is expected to be less strong in 2012.

Total investments in 2011 covering manufacturing, mining and quarrying and electricity supply are expected to amount to NOK 37.4 billion measured in current value.

The estimate is 9 per cent higher than the corresponding result for 2010.

Strong figures for investments in electricity supply are the main reason for this development. However, investments in manufacturing also seem to be growing.

Estimates for 2012 show weaker growth in total investments.