Skanska AB (SKSBF.PK,SKAb.ST), a Swedish construction company, said on Friday that it has bagged a contract of $165 million from the Texas A&M University System to construct a new biology teaching and research building in the college station, Texas.
The new 17,200 square-meter site will replace several outdated biology buildings with a state-of-the-art environment to support the next generation teaching and research.
The project is scheduled to begin in spring 2027 and is expected to be completed in spring 2029.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.