Skanska Awarded Design-Build Road Contract in UK for GBP 40 M, SEK 545 M.STOCKHOLM, Sweden -- Skanska (STO:SKAB) has been awarded a contract to design and construct the A354 Weymouth Relief Road in the United Kingdom. The contract amount is GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 40 M, approximately SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 545 M, which is included in order bookings for the second quarter of 2007. The customer is Dorset County Council. The project will be undertaken in two phases under a so-called Early Contractor Involvement (ECI ECI Employment Cost Index ECI Election Commission(er) of India ECI Enterprise Content Integration ECI Early Childhood Intervention ECI Environmental Change Institute ) agreement. This means that in the first phase the Skanska team will work with Dorset County Council to develop the scheme and, in phase two, Skanska will be responsible for the construction due to begin in early 2008. Completion is scheduled for 2011. The 10-kilometer-long road project will include nine road bridges, improvement of existing roads and construction of a parking facility for 1,000 cars and new pedestrian, cyclist and equestrian paths, as well as landscaping and planting along the stretch. The scheme will ease congestion The condition of a network when there is not enough bandwidth to support the current traffic load. congestion - When the offered load of a data communication path exceeds the capacity. and provide an important transport link for the sailing events in 2012. Skanska UK reported revenues of SEK 12.3 billion in 2006, with about 5,000 employees. The company is active in building and civil construction, utilities and building services. Skanska is also a leader in the British program for private public partnerships, PFI (Private Finance Initiative). This and previous releases can also be found at www.skanska.com Skanska is one of the world's leading construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. The Group currently has 56,000 employees in selected home markets in Europe, in the US and Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. , Skanska's sales in 2006 totaled USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 17 billion. This information was brought to you by Cision http://newsroom.cision.com |
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