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Skanska secures two U.S. contracts worth $169 million

Skanska has been awarded two construction management assignments in the U.S. The contracts total USD 169 M, SEK 1,175 M. The largest contract amounts to USD 118 M, about SEK 820 M, and relates to the expansion of a two-story shopping center with a parking facility seven stories below ground level. Skanska is already constructing the first phase of the project. This contract totals USD 132 M, about SEK 915 M. Both phases are scheduled for completion in September 2009.

The second new contract is for an office complex. The contract amounts to USD 51 M, about SEK 355 M. The assignment involves two seven-story buildings totaling 37,000 square meters, including underground parking facilities. Work has commenced and the project is scheduled to be completed in April 2008.



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