YIT has signed a final agreement on the construction of Jokeri Light Rail based on alliance contracting
YIT Corporation Investor News May 22, 2019, at 11:00 a.m.YIT, as part of the Jokeri Light Rail alliance, has signed a final contract on the construction of Jokeri Light Rail. The contract covers railway infrastructure construction, construction of the depot area and connected projects. The total value of the contract is approximately EUR 470 million, with YIT’s share being about EUR 200 million. The contract will be entered in YIT’s order backlog for the second quarter. Jokeri Light Rail will be implemented using alliance contracting. In the alliance model, the planning and design will