NCC to build forensic psychiatric facility outside Stockholm for SEK 500 million


NCC to build forensic psychiatric facility outside Stockholm for SEK 500 million


NCC Construction Sweden has concluded an agreement with Locum AB concerning the
construction of a new forensic psychiatric facility outside Stockholm. The order
is estimated to be worth approximately SEK 500 million and is scheduled to be
completed by the end of 2010. 


The agreement, known as a cooperation agreement, entails that NCC, Locum and
other project participants will engage in an advanced degree of cooperation
throughout the various stages of the project. 

Planning and project engineering will now commence ahead of construction, which
is scheduled to start in autumn 2008. The parties will jointly formulate the
final parameters for the construction project, work that also includes an
agreement on a contractual target cost for the project.  
The facility, which will comprise a total of 20,000 square meters, has been
ordered by Stockholm County Council and will be built on a 15.7-hectare site. 

“This contract was preceded by an architectural competition and building the
winning contribution, called Helix, will be an exciting challenge, not least
from the viewpoint of technical complexity,” says Claes Magnusson, Department
Manager at NCC Construction region Stockholm/Mälardalen.

“Due to age and wear, the current forensic psychiatric facility needs replacing.
Better premises will be provided for both patients and personnel,” says Marie
Boestad at Locum AB.

The contract will be registered among orders during the fourth quarter of 2008. 

For further information, please contact:
Lovisa Lagerström Lantz, Acting Press Relations Manager, NCC Group, 
+46 (0)8 585 523 46, +46 (0)70 592 45 46

About Locum
Locum AB is one of Sweden's major real estate managers, with a property
portfolio comprising about 2.2 million square meters of floor space in Stockholm
County. Its tenants are predominantly healthcare services in the County. Locum
AB is owned by Stockholm County Council.



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 had in 2007 sales of fully SEK 58 billion, with 21,000
employees. 

Attachments

04042638.pdf