Daily Newsletter

11 September 2023

Daily Newsletter

11 September 2023

Peab to construct new dock in Port of Orrskär, Sweden

Construction is scheduled to commence later this year, with completion anticipated in 2026.

September 08 2023

Nordic community builder Peab has received a Skr170m ($15.3m) contract for the construction of a dock at the Port of Orrskär in Söderhamn Municipality, Sweden.

The company is set to construct a 100m-long dock and fill out an area in the sea to form a new foundation for the terminal.

Peab region manager Jörgen Eriksson said: “This is a technically advanced marine project where we can use our entire pallet of expertise while contributing to a vital function for society. I’m really pleased that Peab won this project and can soon begin work on the new port.”

Construction is scheduled to commence later this year, with completion anticipated in 2026.

The project involves various operations in the sea area.

The Port of Orrskär is one of the largest reloading ports for sawn timber in the country.

Söderhamn Municipality port and archipelago manager Henrik Olsson said: “Söderhamn Municipality and Söderhamns Stuveri och Hamn, our port operator, are extremely pleased to finally see the project get started.

“It’s been a long and challenging process to go through the permit and procurement procedures during a period with a pandemic and rising prices. We’re really happy to have signed on Peab and look forward to working well together.”

Earlier this year, Peab was selected for two new construction projects in Gothenburg, Sweden.

South-East Asia Construction Market Dynamics

Per GlobalData analysis, the South-East Asia construction industry in 2023 is dominated by Indonesia, though the country will see a slowdown compared to 2022 due to elevated building material prices, weak commercial property demand, high interest rates and a softening of external demand. The construction industry in the Philippines is estimated to register a AAGR of 7.2% between 2024 and 2027, supported by the government’s focus on the development of the country’s rail and road transport and energy infrastructure.

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