Global construction and infrastructure company Shikun & Binui has secured a new $309m contract to build an airport in Uganda.

The planned airport will be located in a rural area at the oil-drilling region near Hoima and Lake Albert in north-western Uganda.

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Under the contract, Shikun & Binui’s international construction arm SBI will build the airport, which is expected to support the region’s oil industry.

“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.”

Shikun & Binui chairman Moshe Lahmani said: “The selection of Shikun & Binui to carry out this project confirms, once again, the superb reputation that SBI enjoys in Africa. A reputation based on its proven operational capabilities, its deep understanding of the local work environment, and its commitment to comply with the most stringent international standards.”

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. and the building of electro-mechanical, communications and navigation systems are included in the contract.

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Shikun & Binui CEO Yuval Dagim said: “Uganda’s selection of SBI demonstrates once again the high level of trust that we have earned from our clients in Africa, their confidence in our ability to build complete complex engineering infrastructure projects with a high degree of success and efficiency.”

To be financed by the UK Export Finance (UKEF) and a commercial bank, the project is expected to be completed in three years.