Skanska reconstructs interchange in Los Angeles, USA, for USD 85M, about SEK 880M

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Skanska has signed a contract with The Port of Los Angeles to reconfigure the interchange at State Route 47/Vincent Thomas Bridge and Front Street/Harbor Boulevard interchange in Los Angeles, California, USA. The contract is worth USD 85M, about SEK 880M, which will be included in the US order bookings for the first quarter of 2024.

The project consists of the replacement, construction, and realignment of several on and off ramps. A main road will be re-aligned to accommodate a new on-off ramp system. Additional upgrades include new curb and gutter, storm drain improvements, street lighting, traffic signal updates, bike lanes, and curb ramps and crosswalks accessible for those with disabilities.

Construction to begin March 2024 with expected completion in December 2026.

For further information please contact:

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

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 Group uses its knowledge and foresight to shape the way people live, work, and connect. We are one of the world’s largest project development and construction companies, with 2023 revenue totaling SEK 157 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 27,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.

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