Skanska to expand New York City Ferry Service Program, worth USD 45 M, about SEK 380 M
Skanska has signed a contract with New York City Economic Development Corporation to build ten new ferry landings and upgrade three ferry landings as part of New York City’s new Citywide Ferry Service Program. The contract is worth USD 45 M, about SEK 380 M, and will be included in the order bookings for Skanska USA Building for the third quarter of 2015.
Construction will begin in spring 2016 and substantial completion is expected in summer 2018.
Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development North America, which develops public-private partnerships; and Skanska USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 9,600 employees and its 2014 revenues were SEK 43.5 billion.