Skanska joint venture signs HS2 Phase 1 tunnel contract worth GBP 1.12 billion

Skanska, as part of the Skanska Costain STRABAG joint venture, signed a contract with HS2 Ltd for detailed design and construction of tunnels on Phase 1 of HS2 in London, valued at GBP 1.12 billion. The contract is expected to complete in 2026.

“The new contract, which is expected to complete in 2026, marks the transition to full detailed design and construction.”prnewswire.com

• 1 source
• prnewswire.comSkanska Builds Part of the UK's New High Speed Railway, HS2, for GBP 1.12 Billion, About SEK 13.9 BillionSkanskaApr 15, 2020

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