|
contents | business | |||||||||
| Skanska builds highway in Czech Republic Swedish construction firm Skanska has been contracted to construct a new highway in the Czech Republic. Skanska's share of the contract amounts to EUR 48 M, about SEK 550 M, which is included in order bookings for the first quarter. The customer is the road administration in Czech Republic. The project is being financed through the EU and EIB. The assignment is being carried out in a consortium including Skanska. The total contract amount is EUR 127 M, of which Skanska's portion is 38 percent, corresponding to EUR 48 M. The consortium also includes Czech construction companies. The project involves part of Highway I11 near Ostrava in northeastern Czech Republic and covers about 10 kilometers. Existing stretches of roadway will be rebuilt into a four-lane highway and new bypasses and interchanges will be constructed near some small towns. Skanska is responsible for four kilometers, including a 526-meter bridge. Work has begun on the site and the highway is scheduled to open for traffic in March 2012. write your comments about the article :: © 2009 Construction News :: home page |