NCC to build sections of City Tunnel in Malmö for SEK 1.5 billion

NCC to build sections of City Tunnel in Malmö for SEK 1.5 billion NCC has been commissioned to construct two phases of the City Tunnel in Malmö. The customer is the City Tunnel project within the Swedish Railway Administration and the total order value for the two sections is approximately SEK 1.5 billion. NCC has secured an order to build the new Malmö Central Lower and the Hyllie-Vintrie section. "We successfully tendered for two of three assignments. That's a sign of strength and is proof of the Swedish Railway Administration's confidence in NCC's ability to deliver large and complex civil engineering projects," says Olle Ehrlén, Executive Vice President of NCC Group and President of NCC Construction Sweden. Malmö Central Lower includes a ramp from the railway yard that becomes part of a tunnel section, including a station. It also includes quay structures, a new bridge over the Suell Canal and comprehensive relaying of pipelines. The contract value of the Malmö Central Lower section amounts to SEK 1.2 billion and work will commence during spring 2005 and is scheduled for completion during 2009. The Hyllie-Vintrie assignment comprises approximately 4 kilometers of terracing for railway, pipeline and road relaying, and concrete work, including the construction of seven bridges, tunnels and drainage system. The contract is worth approximately SEK 300 million, and construction will commence during spring 2005 and be completed during 2007. Implementation of the project is subject to an approved environmental assessment. For further information, please contact: Ulf Thorné, Press Relations Manager, NCC Group, tel +46 8 585 523 46 or +46 70 214 77 27 All of NCC's press releases are available on www.ncc.info NCC is one of the leading construction and property development companies in the Nordic region. NCC had in 2003 sales of SEK 45 billion, with 24,000 employees. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/11/11/20041111BIT21160/wkr0001.pdf