NCC to Restore Roads in Honduras for SEK 85 Million


SOLNA, Sweden, Aug. 30, 2002 (PRIMEZONE) -- NCC International Projects has received an order to restore approximately 40 kilometers of roads in Honduras. The client is SOPTRAVI, the Honduran Secretariat for Construction, Communications and Housing. The contract is worth about SEK 85 million (USD 9 million) and is mainly being financed by NDF, the Nordic Development Foundation.

The order is for the restoration of some 40 kilometers of roads between Jicaro Galan and El Amatillo in southern Honduras. The assignment includes reinforcement in the form of a new base course and new asphalt surfacing, and an expanded drainage system along the road section concerned.

Work is expected to commence in November and last for about 18 months.

"We are very pleased to have received this order, which is fully in line with our strategic focus on Central America," said Per Nielsen, Head of NCC International Projects.

Among other assignments in Central America, NCC previously built a hydroelectric power plant in Costa Rica and is currently engaged in road construction projects in Nicaragua, including one under the auspices of SIDA (the Swedish International Development Authority) that involves reconstruction of the country's highway network following the damage caused by Hurricane Mitch. NCC is also active in the Dominican Republic, where two water supply projects are in progress.

For further information, please contact:


Per Nielsen, President, NCC International
Tel +46 8 585 52153
Charlotte Hagman, Information Director, NCC International
Tel +46 8 585 51684
Gisela Lindstrand, Press Relation Manager, NCC AB
Tel +46 8 585 52346 or +46 70 392 9500

All of NCC's press releases are available on www.ncc.se

NCC is one of the leading construction and property development companies in the Nordic region. NCC has annual sales of SEK 46 billion, with 25,000 employees.

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