May 25 2016
The Swedish Transport Administration has commissioned NCC to construct the significant central station phase of the West Link project. The assignment comprises an underground commuter train station and about 2 kilometers of railway tunneling. The Transport Administration has budgeted some SEK 3 billion for the phase in question.
The contract will be performed under a new model called Early Contractor Involvement, ECI, which entails that NCC, in close cooperation with the Transport Administration, will account for project planning and cost optimization of the project. The order will be registered when the target cost has been decided, which will be in late 2017.
“We are really positive to the fact that the Transport Administration has decided to procure this project as an Early Contractor Involvement contract. This cooperative format will enable us to integrate our organizations and create joint understanding of the challenges that a project of this size involves. We have previously worked in close cooperation on large-scale tunnel projects, such as the City Tunnel in Malmö and the Stockholm City Line, which has given us valuable experience in terms of sustainable technical solutions and the use of leading-edge technology in civil engineering works,” says Svante Hagman, Business Area Manager, NCC Infrastructure.
The total assignment comprises a railway tunnel from the E6 Highway in the east, a rock tunnel through the Lejonet redoubt, an underground commuter train station located immediately north of Gothenburg Central Station and the remaining railway tunnel to the west up to the Gothenburg Opera House, a section of nearly 2 kilometers. A bridge over the E6 Highway may possibly also be included in the project. The West Link is tremendously important to a growing, attractive and sustainable Gothenburg and for Western Sweden, and will contribute in many ways to developing the region.
It is estimated that the order will be registered after the target cost has been agreed during the third quarter of 2017 in the NCC Construction Sweden business area. Construction is estimated to start in 2018 and the project is scheduled to continue until 2026.
This is the type of information that NCC could be obligated to disclose pursuant to the Securities Market Act. The information was issued for publication on May 24, at 11:00 a.m.
About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in construction, property development and infrastructure in Northern Europe, with sales of SEK 62 billion and 18,000 employees in 2015. The NCC share is listed on Nasdaq Stockholm.
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Source: http://www.ncc.se/en/