Skanska Chosen to Develop Hospital in Walsall - Skanska to Invest Approximately GBP 6 M, SEK 81 M. Design and Build Contract Expected to Amount to GBP 170 M, SEK 2.3 Billion.STOCKHOLM, Sweden -- Skanska (STO:SKAB) and Innisfree have been selected preferred-bidder to develop Manor Hospital in Walsall for the Walsall Hospitals NHS Trust National Health Service Trusts (NHS Trusts) provide many services of the National Health Service in England and Wales. They are not trusts in the legal sense but are in effect public sector corporations. . The Skanska consortium will be responsible for design, construction, financing and operation of the hospital facilities for a period of 33 years, calculated from the completion date. Skanska Infrastructure Development and Innisfree are responsible for the development and management of the project. Skanska's investment amounts to 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. 6 M, or 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. 81 M. The value of the design-build contract, to be executed by Skanska UK, is expected to amount to approximately GBP 170 M, or about SEK 2.3 billion. In the next phase negotiations will be concluded and financing for the project arranged. Thereafter, the construction contract will be signed and included in Skanska UK's order bookings. Skanska Infrastructure Development is a leader in the global Public Private Partnerships (PPP (Point-to-Point Protocol) The most popular method for transporting IP packets over a serial link between the user and the ISP. Developed in 1994 by the IETF and superseding the SLIP protocol, PPP establishes the session between the user's computer and the ISP using ) market. The business unit invests in, develops and operates roads, hospitals, schools, power plants and other social infrastructure in partnership with the public sector. More information about Skanska's activities within the Public-Private Parterships segment can be found at: www.skanska.com/id 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 54,000 employees in selected home markets in Europe, in the US and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Sales in 2005 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 Waymaker http://www.waymaker.net |
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