Skanska transforms new interchange in Florida, USA , for about USD 70 M, about SEK 615 M

Skanska has signed a contract with the Florida Department of Transportation to design and build a new interchange at State Road 557 of Interstate 4 (I-4) in Polk City, Florida, USA. Skanska will include the contract worth USD 70 M, about SEK 615 M, in the US order bookings for the third quarter of 2020.

The design and reconstruction will transform the interchange from an existing partial cloverleaf interchange configuration to a diamond interchange. A new bridge will be constructed to carry State Road 557 traffic over the newly widened I-4 to accommodate future tolled express lanes and a high-speed rail corridor. The roadway project will be a major improvement to the traffic patterns and enhance motorist safety.

Additionally, two new bridges will be constructed on I-4 to allow for wildlife crossings between the natural areas to the north and south of the project. Wildlife fencing will be provided along the I-4 limited access right-of-way line to channelize wildlife movement.

Construction will begin September 2020, with the new bridge expected to open by 2023. Project completion is scheduled for July 2023.

Skanska is one of the leading construction and development companies in USA, specializing in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 74 billion and about 7,900 employees in its operations in 2019.

For further information please contact:

Maritza E. Ferreira, Communications Director, Skanska USA, tel +1 (404) 946 75 21

Jacob Birkeland, Head of Media Relations and Public Affairs, 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 a world leader in construction and project development in select markets throughout the Nordic region, Europe and USA. Driven by the Group’s values, Skanska wants to contribute to a better society and provides innovative, sustainable solutions for both simple and complex assignments. The Group has about 35,000 employees, and 2019 revenue totalled SEK 177 billion.

About Us

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.

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