Brief: Implenia Wins Major Contract For Lysaker-Fornebu Tunnel Construction

Implenia AG

17/03/2021 17:32

March 17 (Reuters) - IMPLENIA AG  IMPN.S :
    * WINS MAJOR CONTRACT FOR THE LYSAKER-FORNEBU TUNNEL
CONSTRUCTION
IN NORWAY
    * CONTRACT CONSISTS OF PLANNING AND BUILDING A TUNNEL,
INCLUDING
TRANSVERSE SECTIONS, ON A STRETCH OF APPROXIMATELY 2.3
KILOMETERS
    * CONTRACT HAS AN ESTIMATED VALUE OF NOK 1.2 BILLION (CHF
131
MILLION) AND MARKS START OF TUNNEL WORK FOR FORNEBUBANEN
    * CONTRACT SIGNING WILL TAKE PLACE AFTER A TEN-DAY APPEAL
PERIOD
    * PROJECT START IS PLANNED IN MAY 2021.
    * COMPLETION OF WHOLE FORNEBUBANEN PROJECT IS SCHEDULED FOR
2027,
WHILE TUNNEL CONSTRUCTION LYSAKER - FORNEBU IS PLANNED TO BE
COMPLETED BY AUTUMN 2023

Source text for Eikon:  ID:nEQ8dDwfna 
Further company coverage:  IMPN.S 

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