Israeli company to build $$640 million toll road in Colombia
July 12, 2016RIO DE JANEIRO (JTA) — An Israeli company will have a pivotal role in a multinational plan to upgrade Colombia’s roads.
Shikun Binui will build the nearly 100-mile-long Cundinamarca 010 toll road near Bogota, the South American country’s capital, the Israeli news portal Israel21c reported. The project – including financing, construction costs, rehabilitation, operation and maintenance – is estimated at approximately $640 million.
An Israeli global construction and infrastructure company headquartered in Airport City, near Ben Gurion International Airport, Shikun Binui said it recently completed the financing for the construction, operation and maintenance of its $1 billion toll lanes project in metropolitan Houston.
In both Colombia and Texas, the construction will be performed by SBI, Shikun Binui Group’s international contracting subsidiary.
“We will continue to compete for new mega projects in line with our strategic targets,” said Moshe Lahmani, Shikun Binui’s chairman.
Colombia is home to some 3,400 Jews in a population of about 48 million people. In June, an Israeli realtor was shot to death at close range in Medellin, its second largest city.
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