Home Property Skanska wins 350m usd project from Mohegan Tribal Gaming Authority

Skanska wins 350m usd project from Mohegan Tribal Gaming Authority

Stockholm: Skanska, one of the world’s leading construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships, has won an order worth 350 mln usd (2.4 bln skr) from the Mohegan Tribal Gaming Authority, for the expansion of the hotel, retail and dining area and the office building at a casino in Uncasville, Connecticut. Skanska will conduct the project in the form of a 50/50 joint venture with GrantRail. The order will be included in second-quarter order bookings. Construction on the project will begin in September this year, with an estimated completion date in 2010. The extension of the DLR is part of the preparations for events included in the 2012 London Games. In January, Skanska won the first project in the extension of the Docklands Light Railway. Skanska’s share of this contract totals GBP 23 M. Since 1999, Skanska has constructed a number of major infrastructure projects in the Stratford area. Skanska is active in building construction and civil engineering as well as utilities and building services. Skanska is also a leader in the UK’s Private Finance Initiative program (PFI). The Group currently has 56,000 employees in selected home markets in Europe, in the US and Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in 2006 totaled USD 17 billion.

 

< Prev		Next >