Nigeria hires Israeli company to rebuild 50-mile highwayBy Mason White 2:47 PM June 25, 2013
By: Eva Fett
Nigeria, which was seeking the quality work of Israeli construction companies, decided to hire one to rebuild one of the country’s main highways, according to a statement released by the Nigerian government.
Israeli infrastructure and construction company “Shikun IBinui” has won a tender to widen the road in Nigeria in a project valued at some $580 million.
This project, to be carried out by Shikun IBinui subsidiary Solel Boneh Infrastructure, includes reconstruction, paving and widening of an 84 kilometer, or 52 mile road, that connects the cities of Ibadan and Sagamu.
It is expected the that work on the road will take about four years, starting once the Nigerian government lines up the funding for the project.
Shikun IBinui is owned by Israeli business woman Shari Arison.