Skanska's Major Expansion of Correctional Facility Project

Skanska Signs Major Contract for Facility Expansion
Skanska has entered into a significant contract with Specialfastigheter Sverige AB to expand and renovate the correctional facility Österåker. This undertaking, valued at approximately SEK 1.3 billion, is part of Skanska's ongoing development initiatives in infrastructure and public safety.
Details of the Expansion Project
The project includes comprehensive work on the facility, with plans for the reconstruction of existing buildings alongside the new construction of 13 additional structures. Smaller service buildings will also be constructed to complement the main facilities. Moreover, ground and foundation work will play a crucial role in the successful execution of this project.
Timeline and Milestones
Skanska began groundwork for this project in early 2022, marking the start of construction and essential groundwork preparations. The completion of construction is scheduled in stages, with the final handover to Specialfastigheter Sverige AB expected by autumn 2027. This timeline ensures that the development aligns with public safety requirements and operational needs.
Project Value and Financial Impact
The total estimated financial impact for Skanska, including already invoiced work, amounts to around SEK 2.7 billion. This figure reflects not only the current contract but also the other aspects involved in enhancing the correctional facility, making it a significant contribution to the company's order backlog.
Contact Information
For those seeking further information about this expansive project, the Media Relations Manager at Skanska, Olle Rundgren, is available for inquiries. He can be reached at +46 (0)10 448 67 94 or through the direct media line at +46 (0)10 448 88 99.
Future Developments in Skanska
Skanska continues to focus on sustainable construction practices and infrastructure development. Their commitment to enhancing public safety through improved facilities plays a central role in their strategy moving forward. The expansion of the Österåker correctional facility exemplifies this dedication, showcasing the importance of state-of-the-art facilities in serving the public and the correctional system.
Frequently Asked Questions
What is the primary goal of the Skanska facility expansion?
The main goal is to enhance the infrastructure and functionality of the Österåker correctional facility for improved operational effectiveness and public safety.
What is the total estimated value of the Skanska contract?
The contract is worth approximately SEK 1.3 billion, with the overall project value expected to reach about SEK 2.7 billion.
When will the handover of the completed project take place?
The handover is planned to occur in stages, with completion expected by autumn 2027.
Who should be contacted for more information regarding the project?
For more information, inquiries can be directed to Olle Rundgren, Media Relations Manager at Skanska.
What additional buildings are included in the project?
The project will see the reconstruction of existing facilities and the construction of 13 new buildings, along with smaller service structures.
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