Annual Report 2000 - Skanska

JFK,New YorkStrength and efficientcollaborationSkanska has designed and is currently building thenew high-speed light rail system to John F. KennedyAirport (JFK). In about two years, it will be possible totake a fast, comfortable train to and from the airport.Implementing the project is the Air Rail TransitConsortium, led by Skanska USA. The project involvescollaboration among the subsidiaries SlatterySkanska, Koch Skanska and Sordoni Skanska.Skanska is responsible for the designand construction portion of this project,together with the New York-basedPerini Corporation. Skanska’s share is80 percent, which means a total ordervalue of more than SEK 5 billion.Bombardier Transit Corporation willthen operate and maintain the line.The 14 km (9 mi) long high-speed lightrail route between the terminals at JFKand the Jamaica subway station willhave 10 stations. The line is being builtabove ground and passes throughdensely built-up areas and over large,crowded traffic arteries.The light rail system, with its driverlesstrains, will be completed in 2003.At certain hours, it will cut travel timeto Manhattan from two hours to 45minutes. More than twelve million passengersare expected to choose thenew light rail system each year.For Skanska, this is a project that isentirely in line with the Company’sstrategy. In this type of large, complexproject, Skanska can take advantage ofthe collective competence of theSkanska companies in the New Yorkregion. At the same time, the projectconsolidates Skanska’s strong positionin the infrastructure sector.