AGP Executive Report
Last update: 2 hours agoDigital Infrastructure: Korda Networks has selected Meðalland in south Iceland and Irvine Bay in Scotland as landing sites for the planned Auður subsea cable. Surveys are due in summer 2027, with service targeted for 2029–30, adding a new data route between Iceland and Europe. Trade: Iceland and its EFTA partners signed a free-trade agreement with Vietnam on October 18, opening opportunities in goods, services and investment once it takes effect. Biopharma: Alvotech’s new FDA-cleared SIMLANDI manufacturing process is expected to more than double output per batch, a boost for the Icelandic company’s production capacity. Arctic Industry: The EU’s updated Arctic strategy prioritizes maritime security, undersea cables and icebreakers, putting Iceland’s location and connectivity at the center of growing regional infrastructure plans.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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