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Skanska wins GBP 39m rail contract in London

Skanska has secured a major construction contract for the new Docklands Light Railway (DLR) extension to Stratford International Station in London, UK. Skanska's share of the contract amount is GBP 23 M, about SEK 310 M, which will be included in order bookings for the first quarter 2007. The customer is Transport for London.

Skanska is carrying out the project in joint venture with GrantRail. The total project amount is GBP 39 M, about SEK 530 M, of which Skanska's share is 60 percent. The project involves the construction of two new Network Rail platforms north of Stratford Regional Station, and associated track alignment between Stratford and Stratford International as well as the construction of the Docklands Light Railway Stratford International Station box.

This is the first of three planned major construction contracts that will extend the DLR from Royal Victoria to Stratford International. The project will start immediately and completion is scheduled for February 2009. The extension of DLR is expected to play a key role in transport plans for the 2012 Games, with the new line set to open in 2010.



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