NCC Enters Partnering Arrangement to Build New Waterworks North of Kungälv

NCC and Kungälv Municipality have entered a partnering arrangement for the construction of a new waterworks north of Kungälv. The works will have the capacity to provide drinking water to the municipalities of Kungälv, Tjörn, Ale and Stenungssund by the summer of 2018. The order value is approximately SEK 300 million.

“Kungälv and the surrounding municipalities need to secure their supply of drinking water and we will build, together with NCC, a state-of-the-art facility equipped with the latest water purification technology,” says Maria Sondell, Project Manager at Kungälv Municipality.

Construction of Kungälv’s waterworks is a two-phase project. The first phase will be up and running no later than the summer of 2018. The waterworks, which will get its water source from the Göta älv river, will have the capacity to supply 1,080 cubic meters of water per hour when it is entirely completed.

“Working on this type of sustainable community solution is incredibly motivating. We have been working with Kungälv Municipality on project engineering and dimensioning of the new waterworks since the autumn. We are moving into the next phase of the partnering arrangement that involves detail engineering so that we can start construction soon. This is scheduled to begin no later than May,” says Svante Hagman, Business Area Manager, NCC Infrastructure

The project will be registered among orders during the second quarter of 2016 in the NCC Infrastructure business area.

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 20, at 8:00 a.m.

About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading construction, property development and infrastructure companies in Northern Europe, with sales of SEK 62 billion and 18,000 employees in 2015. The NCC share is listed on Nasdaq Stockholm.

This information was brought to you by Cision http://news.cision.com

Source: http://www.ncc.se/en/

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