JM Construction wins Swedavia’s procurement contract for new operational area at Arlanda Airport
JM Construction has been entrusted with a general contract to take care of new construction and renovation of a new operational area with BREEAM/CEEQUAL classification.
The procurement pertains to a new operational area with an agreement term of just over two years. The agreement is valued at approximately SEK 760m. The revenue will be evenly distributed over the term of the agreement. The agreement will turn into a collaborative contract with immediate pre-construction involvement and commencement of preparatory work in the construction area.
The contract comprises renovation of 20,000 square meters and construction of 13 buildings, with a total area of 26,000 square meters. The construction area comprises 125,000 square meters, and extensive ground preparation will take place there. The project is divided into three main parts; two of these are to be delivered in Q4 2017. Completion of the contract in its entirety is planned for Q2 2018.
“Swedavia has embarked on an expansive and exciting journey that will continue for many years. It is very gratifying that JM Construction can take part in the development of operations at Arlanda,” says Peter Neuberg, president of JM Construction.
JM Construction has been building for Swedavia at Arlanda since 1999. The projects have been characterized by very positive cooperation, and JM Construction currently has a great deal of knowledge on the special conditions and requirements that apply to construction performed in the airport areas.
“The new operational area is one key to Arlanda’s future, not only in terms of enabling efficient flight operations, but also in terms of enabling future development of the airport. It is with great confidence that we look forward to cooperating with JM Construction,” says Kjell-Åke Westin, airport director at Stockholm Arlanda Airport.
For additional information, please contact:
Alexandra Jansson, Regional Manager Buildings, +46 (0)8 782 85 86
Sepideh Imani, Head of Communication and Analysis, +46 (0)8 782 14 29
JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with emphasis on expanding metropolitan areas and university towns in Sweden, Norway and Finland. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM seeks to promote long-term quality and environmental considerations in all its operations. Annual sales total approximately SEK 14 billion and the company has about 2,300 employees. JM is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment.