JM Construction Designated as General Contractor for Quay Construction in Slussen Project

The City of Stockholm Development Office has designated JM Construction to be its general contractor for the construction of the quay in the Slussen project.

The contract includes the construction of a 200-meter quay, a surface water reservoir, culverts, pipeline and cable relocation and a provisional bus terminal for the Nacka buses. This assignment is in addition to an ongoing project, where JM Construction and the City of Stockholm Development Office have been working together since 2013 to complete an extensive relocation of pipelines and cables at project at Slussen.

“We are very pleased that we have been selected to continue to build the new Slussen. It is an interesting project that is of great interest for the general public, and it also contains a number of technically advanced solutions,” says JM Construction’s Work Supervisor, Anders Kipping.

The contract started in May 2016 and will be completed at the end of 2017. The total contract amounts to approximately SEK 90m, evenly distributed across the term of the contract.

“The City of Stockholm Development Office is right to focus on the environment, and we are pleased to have received another project where our OHSAS certification in this area has enabled us to continue to help building the new Slussen,” says Peter Neuberg, President of JM Construction.

JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with emphasis on expanding metropolitan areas and university towns in Sweden, Norway and Finland. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term sustainability work in all of its operations. Annual sales total approximately SEK 14 billion and the company has about 2,300 employees. JM is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment. More information is available at www.jm.se/en.

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

Source: https://www.jm.se/

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