Målselv Maskin & Transport, a company in AF Gruppen ASA, has entered into an
agreement with Nordkraft Prosjekt AS on construction work for the development of
a new industrial area in Kvandalen outside Narvik. The contract will be carried
out as a turnkey contract, and it is valued at NOK 162 million, excluding VAT. 

The project involves building infrastructure, supply roads and developing plots.
The necessary infrastructure, such as water and drainage and electrical, as well
as the power supply to a newly-established transformer station in the new
industrial area, will be established. The work is planned to start in July 2022
and is scheduled for completion in the autumn of 2023. 

"We are pleased with the confidence Nordkraft has shown in us by wanting to
partner with us on this interesting project. It's inspiring to contribute to
this major investment in the green shift and to good facilities for establishing
power-intensive industries in Northern Norway," says Erik-Anders Helin, Managing
Director of Målselv Maskin & Transport. 

Målselv Maskin & Transport has good experience of previous partnerships with
Nordkraft, including construction work for the development of Sørfjord wind farm
in Tysfjord in 2018-2019, and through 2020 and 2021 on various remediation and
service assignments. 

	
For further details, please contact: 
Managing Director Erik-Anders Helin, Målselv Maskin & Transport, tel. +47 95 96
97 03
EVP Civil Engineering & Offshore: Geir Flåta, tel. +47 99 40 15 10

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