Skanska improves State Route Interchange in Riverside County, California, USA, for USD 120M, about SEK 1.2B

Skanska has signed a contract with Riverside County Transportation Commission to make improvements to a State Route Interchange in Corona, California, USA. The contract is worth USD 120M, about SEK 1.2B, which will be included in the US order bookings for the fourth quarter 2022.

The State Route 71/91 Interchange serves as a gateway for motorists and freight in southern California. Skanska will make substantial structural improvements to the interchange, including building a new, direct connector ramp from eastbound Route 91 to northbound Route 71 and align the entrance ramp from Green River Road.

The project is designed to improve safety and traffic flow, expand access to other transportation options, and reduce greenhouse gas emissions.

Construction will begin in January 2023 and will be completed in January 2025.

For further information please contact:

Meghan Carvalho, Communications Manager, Skanska USA, tel +1 (951) 675 2337

Matti Kataja, Acting Head of Media Relations and Public Affairs, Skanska AB, tel +46 (0)10 449 67 98

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska Group uses knowledge & foresight to shape the way people live, work, and connect. Over 135 years in the making, we’re one of the world’s largest project development and construction companies, with 2021 revenue totaling SEK 148 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 30,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.