Overall investments in mining, manufacturing and power supply were estimated at NOK 17.6 billion in first quarter 1997. This is an upwards adjustment of nearly NOK 1.6 billion compared to the previous quarter. Total investments are, however, down about NOK 2 billion from the first quarter 1996 estimate.
The manufacturing sector adjusted its investment estimate for 1997 upwards to NOK 13.6 billion in the first quarter, an increase of nine per cent compared to the previous quarter. The 1997 level is, however, 10 per cent lower than the first quarter 1996 estimate. The change is attributed to the fact that a major industrial chemicals project in Tjeldbergodden is now in the final phase.
Weekly Bulletin issue no. 11, 1997