Skanska to Manage UN Renovation

The Swedish construction group Skanska has been selected by the United Nations, to manage the renovation and upgrading of the UN’s headquarters in New York.

In a press release Skanska said the contract was worth some 1 billion US dollars, and added the work would be completed by 2014.

The UN headquarters, completed in 1950, are reportedly in urgent need of renovation, and plans to improve the building have been discussed since 1995. According to the Reuters news agency, the building has water dripping through its roof and toxic asbestos lining its ceiling tiles.

The offices also lack a sprinkler system, and erratic heating and cooling systems.

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