U.S., Nov. 7 -- Skanska has signed a contract with Sound Transit to build the Lynnwood Link Extension L300 Main Package in the State of Washington, USA.

The project is located in the cities of Shoreline, Mountlake Terrace and Lynnwood. The contract is worth $778mn, which will be included in the US order bookings for the fourth quarter 2019.

Skanska will construct about 6km (3.8 miles) of new guideway alignment from Shoreline to Lynnwood. The project will include 3.5km (2.2 miles) of aerial guideway, two elevated stations and a five-story parking garage.

Construction is underway. The project is scheduled for completion in the summer of 2024.

The total cost of the project is estimated to be $2.9bn, of which $1.17bn will come from the Fu...