Daily Newsletter

04 September 2023

Daily Newsletter

04 September 2023

Skanska to construct new school in Hokksund, Norway

Construction will begin in October this year, with an anticipated finish date in July 2025.

RanjithKumar Dharma September 04 2023

Skanska has received a Skr80m ($43.4m) contract from the Norwegian municipality of Øvre Eiker for the construction of a new school.

The building will be built in Hokksund, a town located in Buskerud county, outside Oslo.

Details regarding how many students can be accommodated in the school and what age range it will cater for have not been disclosed.

Covering an 11,000m² area, the campus will feature a new school, a multi-purpose sports hall and an indoor swimming pool.

The school, with ambitious climate and environmental objectives, will function as an energy-positive building.

Cross-laminated timber will be used for the construction of buildings, with an aim of a 30% reduction in emissions compared to reference projects.

Construction is set to commence in October, with an anticipated finish date in July 2025.

The company has entered the contract in its Nordic order bookings for the third quarter of this year.

Recently, Skanska signed a Skr500m ($45.62m) contract for the construction of a new Tångvalla school campus and sports field in Sweden.

Signed with the Vellinge municipality, the project includes a preschool and a new sports field, along with a new two-storey school building and a sports hall.

Investment in the infrastructure and energy & utilities sectors remains a major driver of overall construction growth

Infrastructure and Energy & Utilities sectors expanded in 2020 despite COVID-19 disruptions, which reflected the efforts by governments and public institutions to accelerate investment to stimulate activity. The recovery from the pandemic and the easing of restrictions allowed the resumption of work on major projects in 2021, and growth is set to remain strong in the coming years, particularly given major investment programs in the US and China.

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