Uganda has plans to construct a US $309m airport in the oil-drilling region near Hoima and Lake Albert in north-western Uganda. Shikun & Binui’s international construction arm SBI will build the airport, which is expected to support the region’s oil industry.
“The selection of Shikun & Binuito carry out this project confirms the reputation SBI enjoys in Africa – a reputation based on proven operational capabilities, understanding of the local work environment, and its commitment to comply with the most stringent international standards,” said Shikun & Binui chairman Moshe Lahmani.
The project includes the construction of 3.5km of runways, a cargo terminal, and an air traffic control tower, along with other residential and service structures.Associated earthwork and drainage activities, the building of electro-mechanical, communications and navigation systems are included in the contract.The project will be financed by the UK Export Finance (UKEF) and a commercial bank. It is expected to be complete in three years.