The initiative to build the RV. 555 SOTRA Connection PPP Project represents one of the country's priority projects, and one of the major projects to be implemented with the Public-Private-Partnership - PPP formula, as part of the infrastructure upgrading plan launched by the Norwegian government.

In September 2021, the Webuild group, in a special purpose vehicle, was awarded the new contract for the construction of the RV.555 SOTRA Connection PPP Project, worth over €1 billion (over 10 billion Norwegian crowns). 

The contract provides building, using the PPP (Private-Public Partnership) formula, the road and bridge system called “RV.555 Sotra Connection PPP Project”, in the western Norwegian county of Vestland. The project includes the design, construction, financing and management under concession of a road network that includes 9 kilometres of highway and a suspension bridge between Øygarden and Bergen. The bridge will be 30 metres wide and 900 metres long and towers 114 metres high. The project also includes a total of 12.5 kilometres of tunnels (including secondary ones), 19 road and pedestrian underpasses, 23 tunnel portals, 22 bridges and viaducts and 14 kilometres of pedestrian and bicycle paths. 

Commissioned by the Norwegian Public Roads Administration (NPRA), the design and construction works are entrusted to the Sotra Link consortium, owned by Webuild (35%), with FCC Construcción (Spain, leader and with a 35% stake) and SK E&C (Korea, 30% share).  The project concession owner is the special purpose vehicle (which also owns the O&M activities), owned by Webuild, with a 10% stake, with Macquarie (70%) and SK E&C (20%).