Skanska chosen to develop and construct new university hospital, New Karolinska Solna, in Public-Private Partnership, PPP

5/4/2010 3:50 PM CET
Press release

The construction contract amounts to approximately SEK 14.5 billion and the investment to SEK 650 M. Skanska, in a consortium with the UK investment fund Innisfree, has been chosen, through an allocation decision by Stockholm County Council, to develop and construct the new university hospital, New Karolinska Solna (NKS) in Solna.

The project is the first in health and medical care in Sweden to be conducted as a Public-Private Partnership (PPP). This means that the consortium, in which Skanska and Innisfree each own 50 percent, will be responsible for financing, construction, operation and maintenance of the new hospital until 2040. As previously, all care in the new hospital will be conducted by the Stockholm County.