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 - www.globes-online.com - on December 26, 2010
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