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| Skanska constructs highway in Czech Republic Swedish construction firm Skanska has been contracted to build a stretch of the R48 highway in the Czech Republic. Skanska's share of the contract amounts to SEK 560 M, CZK 1.4 billion. The customer is the Road Administration in the Czech Republic. The project is being financed through the national fund for transport infrastructure and is also expecting support from EU. The total contract amount is CZK 2.75 billion, approximately SEK 1.1 billion, of which Skanska's share is 51 percent. The project involves a seven-kilometer section of the R48 highway between Rychaltice and Frydek-Mistek, in the northeastern Czech Republic. The four-lane highway will include a 160-meter tunnel, noise barriers and 15 bridges. Work will commence at the end of 2009 and is scheduled to be completed in the beginning of 2013. write your comments about the article :: © 2009 Construction News :: home page |