The Stockholm region targets €124 billion of investment by 2040

The new Stockholm Construction & Infrastructure Report 2026 shows that the greater Stockholm region is planning a total investment volume of €124 billion by 2040. This marks a significant increase from €115 billion in 2024, and represents continued growth from €95 billion in 2017. The largest investment share is in housing, followed by infrastructure investments in railway, subway, and light rail.

The report examines planned investments in construction and infrastructure in the Stockholm region, 2026–2040. Commissioned by Stockholm Business Region and written by Ramboll Management Consulting, it summarizes the most significant construction and infrastructure projects in the Stockholm region in the coming years.

“Stockholm is entering a defining period of growth. With €124 billion in planned investments by 2040 — spanning housing, transport infrastructure and energy systems, the scale of opportunity is extraordinary. Realising it will require tens of thousands of skilled professionals and deep collaboration between public, private and international partners. We are not simply building structures; we are laying the groundwork for a more sustainable, connected and resilient Stockholm,” says Staffan Ingvarsson, CEO of Stockholm Business Region.

Housing leads the way

Despite a global environment marked by uncertainty and volatile material prices affecting the construction sector, the region’s total investment pipeline continues to grow. Residential buildings represent the single largest category at around €49 billion, nearly half of the total investment. The report highlights landmark projects, including Stockholm Wood City, the world’s largest known urban wood construction project, covering 250,000 square metres in Nacka municipality, and Stockholmshusen, one of the City of Stockholm’s largest development programmes, targeting approximately 3,300 new rental apartments across 32 projects.

€29 billion earmarked for transport infrastructure

In terms of infrastructure, the region is planning approximately €29 billion in transport investments, including major commitments to railway, subway, and light rail (€16 billion) as well as streets, roads and highways (€13 billion). Key projects include a new subway line connecting central and southern Stockholm, the Uppsala Light Rail, The East Link high-speed railway and the Oslo–Stockholm 2.55 rail corridor.

A market open for international players

The report also underlines a critical challenge for the region: the scale of planned construction significantly exceeds the current regional workforce capacity. According to forecasts by Statistics Sweden, a total deficit of nearly 30,000 workers across construction-related disciplines is expected by 2040. The largest shortage is projected for construction workers, with an estimated gap of nearly 15,000. This presents a significant opportunity for international investors, construction companies and skilled professionals to enter the Stockholm market.

Read the full report: Stockholm Construction & Infrastructure Report

Contact

Vincent Koch, Press Officer, Stockholm Business Region
vincent.koch@stockholm.se
+46 (0)8-508 280 60
+46 (0)761-22 80 60