Solel Boneh Int'l wins Tanzania road deal

The project will take over two years to build.

Shikun u'Binui Holdings Ltd. (TASE: SKBN) subsidiary Solel Boneh International Ltd. has signed a $50 million road repair contract with the Tanzania government. Solel Boneh will repair a 120-kilometer section over two and a half years.

This is Solel Boneh International's first project in Tanzania, and is part of the company's policy to expand its business in Africa.

Published by Globes [online], Israel business news - - on December 26, 2010

© Copyright of Globes Publisher Itonut (1983) Ltd. 2010

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