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Skanska has been awarded a contract to build a pipeline for concentrate
transport in Antofagasta, Chile. The contract will be carried out by a special
purpose company formed by Skanska Chile and Conduto, a local company. The total
amount of the contract is USD 112 M, about SEK 720 M, of which Skanska’s share
is 60 percent, amounting to a total of USD 67 M, about SEK 432 M. The customer
is Minera Escondida Ltda (BHP Billiton), and the order will included in order
bookings for Skanska Latin America for the first quarter 2013.
Skanska will be responsible for the pre-construction and construction of a
pipeline for concentrate transport, to move minerals from Escondida Mine (170
kilometer from Antofagasta City) to Coloso Port.
Work has started and is estimated to be completed in the first quarter 2014.
Skanska Latin America is one of the region’s leading contractors. Operations
focus primarily on engineering, construction, operation and maintenance services
for the international oil & gas, energy and mining industries. In 2012, with
about 13,000 employees, had revenues of around SEK 8.2 billion.
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Skanska AB may be required to disclose the information provided herein pursuant
to the Securities Markets Act.
Skanska is one of the world’s leading project development and construction
groups with expertise in construction, development of commercial and residential
premises, and public-private partnership projects. Based on its global green
experience, Skanska aims to be the client’s first choice for green solutions.
The group currently has 57,000 employees in selected home markets in Europe, the
US and Latin America. Skanska's sales in 2012 totalled SEK 132 billion.

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