STOCKHOLM, Sweden, Sept. 7, 2005 (PRIMEZONE) -- Skanska and the PFI Infrastructure Company plc (PFI Co), in consortium, have been selected as preferred bidder on a 30-year Public Private Partnership (PPP) school project for the Midlothian Council in Scotland. The project comprises designing, constructing, financing and operating eight new primary schools.
The design and construction assignment is valued at approximately GBP 70 M, or about SEK 900 M and Skanska BOT's investment amounts to approximately GBP 1.25 M (approximately SEK 17 M).
The next phase is the final negotiations and arranging of the financing for the project. Once this is completed, the project will be included in Skanska's order bookings.
This and previous releases can also be found at www.skanska.com
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