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Skanska AB has secured a contract valued at NOK 1.2 billion to build a new double-track railway line in Norway. The project reflects continued investment in rail infrastructure aimed at improving capacity and efficiency in the country's transport network. The contract, equivalent to about SEK 1.1 billion, adds to Skanska's order book in the Nordic region, where public infrastructure development remains a key growth driver. The development is aligned with broader efforts to enhance sustainable mobility and reduce congestion through upgraded rail systems.
Skanska AB has been awarded a contract to construct a new double-track railway line in Norway, with a total value of NOK 1.2 billion, equivalent to approximately SEK 1.1 billion. The project has been added to the company's Nordic order bookings, strengthening its presence in public infrastructure development across the region. Advertisement
The scope of work includes the development of a double-track rail system, which is expected to improve operational capacity and efficiency on the route. Expansion of railway infrastructure in Norway has been a priority for authorities to support growing passenger demand and ensure smoother freight movement.
Skanska has been actively involved in transport infrastructure projects across Europe, particularly in rail and road development. The company has previously delivered several large-scale railway and tunnel projects in the Nordic region, focusing on sustainable construction practices and long-term durability.
The latest contract comes at a time when governments across Europe are increasing investments in rail networks to promote environmentally efficient modes of transport. In Norway, rail upgrades form a key part of the national strategy to reduce road traffic congestion and lower carbon emissions.
Source Reuters
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