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Hochtief JV wins $102m Swedish tunnel project

LONDON, December 22, 2018

Global construction giant Hochtief said its joint venture with Switzerland’s leading construction and construction services company Implenia has won the contract to build a 14-km power supply tunnel for the Swedish capital Stockholm. 
 
The deal, worth around €90 million ($102.2 million) was awarded by Svenska Kraftnät (Swedish National Grid) to the consortium which has Hochtief as the technical lead.
 
The Anneberg-Skanstull Tunnel is part of the City Link project intended to improve the electricity supply in the greater Stockholm area. 
 
A tunnel-driving machine will be used to build the tunnel which has a diameter of five meters and
will be located 50 - 100 meters below ground, said a statement from the company. 
 
The project also encompasses six ventilation shafts, elevators, and the construction of technical buildings for electrotechnical equipment. Completion is scheduled for 2024.
 
Klaus Grüttner, the executive VP for Hochtief Infrastructure (Europe West) said: "We are delighted that this contract in Sweden gives us another opportunity to demonstrate our tunnel-building expertise. We and our partner Implenia are looking forward to making a contribution to the expansion of the local grid, and to ensuring that Stockholm’s power supply is future-proof."
 
René Kotacka, the head of business unit (infrastructure) at Implenia, said: "Winning this contract underpins our expertise in the area of demanding infrastructural construction and our already excellent local entrenchment."
 
"Together with our partner Hochtief we will shortly begin tackling this electricity milestone," stated Kotacka.-TradeArabia News Service



Tags: Hochtief | Swedish tunnel project |

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