Veidekke, a Scandinavian construction contractor, has been awarded a construction contract by Statsbygg to establish the new Institute of Materials Science and Engineering at the Norwegian University of Science and Technology (NTNU) in Trondheim.
The agreement, valued at Nkr680m ($65.7m) excluding VAT, marks the culmination of a one-year interactive phase and is structured as a design-and-build contract.
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“After a year of collaborative planning and coordination, we are set to begin the NTNU Trondheim construction project. This phase was vital for addressing challenges and ensuring an optimal outcome for all stakeholders,” said Veidekke Bygg Trøndelag regional director Torgeir Wiig.
“We are grateful for the trust placed in us and look forward to commencing the construction work.”
Spanning 13,200m² over ten floors, the new facility will house over 200 NTNU employees, SINTEF Industri, external partners, and more than 300 students across five academic years.
The building aims to provide state-of-the-art laboratories and infrastructure to support the research and teaching activities of the Institute of Materials Science and Engineering and its partners.
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By GlobalDataAdditionally, the project has set ambitious sustainability goals in various domains, including greenhouse gas emissions, energy and load balancing, site qualities, circular economy, and social sustainability.
Construction is set to begin within weeks, with a projected completion date of December 2027. This project’s inclusion in Veidekke’s second-quarter order book demonstrates the company’s continued growth in the sector.
Earlier in the month, Veidekke secured another design-and-build contract for the new Kongshaugen treatment plant in Norway, valued at Nkr400m excluding VAT. This initiative, part of the ‘BLUE – Fjords for the Future’ project, focuses on wastewater treatment for nearly 50,000 residents.
Last month, the company also engaged with OBOS Nya Hem to build new apartments and rowhouses at Träkvista torg in Ekerö, Stockholm, Sweden.
