Skanska to manage hospital construction project in Egypt for USD 55 M
Skanska to manage hospital construction project in Egypt for USD 55 M Skanska will provide Pre-Construction and Construction Management Services for a Hospital in Cairo, Egypt. The value of the project is USD 55 million. The client is the Egyptian organization AFNCI, Association of Friends of the National Cancer Institute. The new 160 bed Pediatric Oncology Hospital will have an area of 260,000 square foot, about 26.000 square meter. The hospital will be designed and built in phased packages. The design work is to be finalized in 12 months. The Construction starts next year with completion in the middle of 2003. The assignment is an example of Skanska's ability to give customers access to the Group's global competence. Both Zurich-based Skanska International and Skanska's Atlanta-based American subsidiary Beers Construction Company will take part in the project. Skanska International has since 1970 executed several hospital projects on turnkey basis in Africa, the Middle East and the Far East. At present Skanska International has the design/build responsibility for a hospital on Malta worth more than SEK 2 billion. For Beers, which will be involved in the preconstructionphase, this is the first project in the African continent. As a builder of hospital facilities for over five decades, Beers is among the top ten largest hospital construction managers in the US. Over the last six years, Beers' has completed USD 1 billion in healthcare projects. Skanska is one of the world's leading companies within construction-related services and project development. The company was founded in 1887 and has operations in over 50 countries. Its primary markets are Sweden, USA, Argentina, Denmark, Finland, Norway and Poland. Sales exceed SEK 100 billion, more than US$11 billion. The company today has 60,000 employees. For further information please contact: Jan Sjöstedt, President, Skanska International, Tel + 46 70 592 12 45 Lars Nihlén, Vice President, Skanska International, Tel +46 40 14 40 00 or +46 706 32 86 27 This and previous releases can also be found at www.skanska.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/07/26/20000726BIT00190/bit0001.doc http://www.bit.se/bitonline/2000/07/26/20000726BIT00190/bit0002.pdf