Skanska builds highway project in San Diego, California USA, for about USD 101 M, about SEK 950 M

Skanska has signed a contract with the California Department of Transportation (Caltrans) to construct a four-lane highway with freeway connectors on State Route 905 in San Diego, Calif., USA. The contract is worth about USD 101 M, about SEK 950 M, which will be included in US order bookings for the second quarter 2019.

Located at Otay Mesa, one of three ports of entry in the San Diego-Tijuana Mexico metropolitan region, the project includes two freeway-to-freeway flyover bridges that will connect three highways (SR 125, SR11 and SR 905), as well as a 1.25-mile green field extension of SR11 to the east toward the future port-of-entry. The project features 20,000 cubic yards of structural concrete, 40,000 cubic yards of concrete paving, 35,000 tons of asphalt, and 1.1 million cubic yards of earthwork.

Construction begins in June 2019 and is scheduled for completion in September 2021.

Skanska is one of the leading development and construction companies in USA, specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 67 billion in 2018 and had about 9,000 employees in its operations.

For further information, please contact:

Terri-Ann Betancourt, Director of Communications, Skanska USA, tel +1 206 494 5440

Jacob Birkeland, Head of Media Relations, Skanska AB, tel +46 (0)10 449 19 57

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 38,000 employees. Skanska's sales in 2018 totaled SEK 170 billion.