Skanska builds engineering school facility in North Carolina, USA, for USD 85M, about SEK 690M

Skanska has signed a contract with Duke University to build a new engineering building at the Duke University campus in Durham, North Carolina, USA. The contract is worth USD 85M, about SEK 690M, which will be included in the US order bookings for the first quarter 2018.

The contract consists of the construction of about a 14,000-square-meter new engineering school facility that will house computational and wet labs.

Site work began in February 2018, and the project is expected to be complete in November 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:

Sherie Winston, Communications, Skanska USA, tel +1 703 351 27 52

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

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.