Skanska builds new Children’s Eye Clinic in Portland, Oregon, USA, for USD 39 M, about SEK 350 M

Skanska has signed a contract with Oregon Health & Science University (OSHU) to build a pediatric ophthalmology facility near the existing Casey Eye Institute in Portland, Oregon, USA. The contract is worth USD 39 M, about SEK 350 M, which will be included in the US order bookings for the fourth quarter 2018.

The new five-story 6,000-square-meter medical facility will feature an optical shop, conference rooms, clinical and research space, vision clinics, the Translational Clinical Trials Center, the Macular Degeneration Center and space for patient care. A sky bridge will connect the third floor of the clinic space to the adjacent Casey Eye Institute. The project will be built to meet LEED Gold certification.

Construction began in November 2018 and the project is expected to be completed in July 2020.

Skanska is one of the leading construction and development companies in the USA, specializing in building construction, civil infrastructure, public-private partnerships and commercial property developments in select US markets. Skanska USA had sales of SEK 59 billion in 2017 and has approximately 9,500 employees.

For further information please contact:

Terri-Ann Betancourt, Director Communications West Coast, tel + 1 206 494 5440

Patric Elmén, Acting Head of Media Relations, Skanska AB, tel: +46 (0)10-449 31 34

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 40,000 employees. Skanska's sales in 2017 totaled SEK 161 billion.

About Us

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 38,000 employees. Skanska's sales in 2018 totaled SEK 170 billion.

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