STOCKHOLM - Swedish construction company Skanska has announced it will undertake preconstruction and early-phase construction work on a waterfront facility in the Eastern United States. The contract, valued at $128 million (approximately 1.3 billion Swedish kronor), has been included in the US order bookings for the fourth quarter of 2023.
The project encompasses a variety of tasks, including the procurement and fabrication of long-lead electrical equipment, enabling work along the waterfront, and the abatement and demolition of existing onsite structures. Procurement processes are set to begin within the first quarter of 2024, with the construction activities detailed in the contract expected to continue into 2025.
This development is part of Skanska's ongoing expansion in the US market and reflects the company's expertise in upgrading and developing infrastructure facilities. While the name of the client has not been disclosed, the contract signifies a substantial investment in the region's waterfront capabilities.
Skanska, a major player in the construction sector, is known for its large-scale projects, including infrastructure development, building construction, and civil engineering works. The company has a significant presence in the Scandinavian region as well as operations in Europe and the United States.
The announcement is based on a press release statement and does not include any promotional content. There is no endorsement of claims regarding the company's status or capabilities in the industry, ensuring a balanced and unbiased presentation of the news.
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