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Subway hub contract goes to Swedish firm

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by Daily Commercial News last update:Jul 12, 2006

Swedish construction company Skanska said Monday it has received a $133-million contract to help build a new subway hub near “ground zero” in New York.

STOCKHOLM

Swedish construction company Skanska said Monday it has received a $133-million contract to help build a new subway hub near “ground zero” in New York.

The project is part of New York transportation authority’s plan to unclog a congested maze of subway lines for 300,000 daily riders, connecting four stations and 14 lines, the PATH commuter trains that run from New Jersey and ferry service

Skanska said the project, which includes a new underground concourse, tracks and platforms for four subway lines, will be included in order bookings for the second quarter.

The company’s Slattery Skanska unit will start construction in the next two weeks, and the project is set to be completed in January 2008. The subway will be running during the construction period.

Associated Press

last update:Jul 12, 2006

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