Skanska awarded an additional GBP 78M, about SEK 970M, towards works on the high-speed railway HS2 in UK
Skanska, as part of the Skanska Costain STRABAG joint venture, has been awarded an additional GBP 78M, about SEK 970M, under the existing contract with HS2 Ltd towards works on phase one of the new high-speed railway in UK. This will be included in the order bookings for Europe in the second quarter 2022.The award relates to planned and agreed changes to the scope of works under the contract. This is anticipated spend in line with the HS2 budget. The total contract, valued at GBP 1.2 billion, about SEK 15 billion to Skanska, involves the design and construction of major tunnels in the