Solel Boneh wins $60m Nigeria roadworks contracts

The company will carry out work on the Lagos-Benin and Lagos-Ibadan roads.

Solel Boneh International Ltd. has won two contracts worth $60 million altogether to carry out roadworks on southwest Nigeria. One project is for the road from Lagos west to Benin, the other is on the Lagos-Ibadan highway.

Four months ago, the company won a $252 million contract to build a road in Nigeria. Solel Boneh International is a sub-subsidiary of Housing and Construction Holding Co. Ltd. (Shikun u'Binui) (TASE: HUCN) held through Solel Boneh Building and Infrastructure Ltd.

Published by Globes [online], Israel business news - www.globes.co.il - on February 13, 2007

© Copyright of Globes Publisher Itonut (1983) Ltd. 2007

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