The question is not whether development will come, but who will help shape it.

North Atlantic Growth Summit 2027 to strengthen Faroese competitiveness

The Faroe Islands are at a decisive crossroads. Growing activity in the North Atlantic, major infrastructure investments, the green energy transition and shifting geopolitical conditions are creating both new opportunities and new challenges for Faroese industry.

Against this backdrop, the North Atlantic Growth Summit 2027 (NAGS 2027) will take place on 29 April 2027.

The central question of the conference will be:

Where is the next billion in the Faroese maritime industry?

Today, ports, logistics, shipping, energy and maritime services make up one of the most exciting growth sectors in the North Atlantic. At the same time, competition for investment, cargo, companies and labour is intensifying.

NAGS 2027 is therefore intended as a strategic platform where business, public authorities and political decision-makers meet to discuss how the Faroe Islands can best make use of these new opportunities and strengthen their competitiveness in the years ahead.

Topics on the programme include:

The competition for ports in the North Atlantic
The Faroe Islands as a potential energy hub
Financing and security for maritime growth
The maritime green transition
Regulation and political frameworks
Land-use and urban planning in relation to maritime needs
Future port and industry cooperation

The aim of the conference is not only to spark debate, but also to lay the groundwork for concrete solutions, new partnerships and strategic priorities that can strengthen Faroese value creation and societal development.

“The question is not whether development will come to the Faroe Islands, but who will help shape it. With NAGS 2027, we want to bring together business, authorities and political decision-makers for a shared discussion about the future of the Faroe Islands and the maritime opportunities that lie ahead,” says Ólavur í Geil, initiator of the conference.