Skanska upgrades the A47 Thickthorn road junction in the UK for GBP 153M, about SEK 2.0 billion

Skanska (OTC:SKBSY) has secured a GBP 153 million (SEK 2.0 billion) contract with National Highways to upgrade the A47 Thickthorn junction in East Anglia, UK.

Rhea-AI Summary

Skanska (OTC:SKBSY) has secured a GBP 153 million (SEK 2.0 billion) contract with National Highways to upgrade the A47 Thickthorn junction in East Anglia, UK. The project will be included in Europe's Q3 2025 order bookings.

The infrastructure upgrade includes construction of a 1.6-kilometer single-lane free-flow link road connecting A11 northbound to A47 eastbound, featuring two new underpasses. Additional components include a 1-kilometer local link road, a new road bridge, two junctions, widening of an existing link road, and a new footbridge.

The project aims to reduce congestion and increase capacity near Norwich, supporting local development and improving access to Norfolk and Norwich University Hospital. Construction has begun with completion expected in 2028/29.

Positive

• Secured major infrastructure contract worth GBP 153M (SEK 2.0 billion)
• Project adds to order bookings for Europe in Q3 2025
• Strategic project improving key transportation infrastructure with long-term development benefits

Negative

• Extended project timeline with completion in 2028/29
• Complex construction project with potential execution risks

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STOCKHOLM, July 15, 2025 /PRNewswire/ -- Skanska has signed a contract with National Highways to upgrade the A47 Thickthorn junction in the East Anglia region, UK. The contract is worth GBP 153M, about SEK 2.0 billion, which will be included in the order bookings for Europe in the third quarter of 2025.

Skanska will deliver enhancements to the A47/A11 interchange, increasing resilience on this key stretch of the road network. The scheme includes the construction of a new 1.6 kilometer single-lane free-flow link road, connecting the A11 northbound to the A47 eastbound via two new underpasses. A second approximately 1-kilometer local link road will also be constructed, alongside a new road bridge, two new junctions, the widening of an existing link road and installation of a new footbridge. 

The A47/A11 Thickthorn junction near Norwich is important for commuter, business and commercial traffic and provides access to the local Norfolk and Norwich University Hospital. The project will reduce congestion and increase capacity, supporting planned residential and commercial development. 

Enabling works have started, with the scheme scheduled to open for traffic in 2028/29.

For further information please contact:

David Tuddenham, Senior Communications Business Partner, Skanska UK, tel +44 7880 406018

Andreas Joons, Press Officer, Skanska Group, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-upgrades-the-a47-thickthorn-road-junction-in-the-uk-for-gbp-153m--about-sek-2-0-billion,c4206945

The following files are available for download:

https://mb.cision.com/Main/95/4206945/3580259.pdf	20250715 UK A47 Thickthorn
https://news.cision.com/skanska/i/image-a47-thickthorn-junction,c3456269	Image A47 Thickthorn junction

 

FAQ

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What is the value of Skanska's A47 Thickthorn junction contract in the UK?

The contract is valued at GBP 153 million (approximately SEK 2.0 billion) and will be included in Europe's Q3 2025 order bookings.

What improvements will Skanska make to the A47 Thickthorn junction?

Skanska will construct a 1.6-kilometer single-lane free-flow link road with two underpasses, a 1-kilometer local link road, a new road bridge, two new junctions, widen an existing link road, and install a new footbridge.

When will the Skanska A47 Thickthorn junction project be completed?

The project has already begun enabling works and is scheduled to be completed and open for traffic in 2028/29.

Why is Skanska upgrading the A47/A11 Thickthorn junction?

The upgrade aims to reduce congestion and increase capacity at this important junction near Norwich, which serves commuter, business, and commercial traffic, while supporting planned residential and commercial development and providing access to the local hospital.