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Uganda’s US$309m new airport to support region’s oil industry

The airport will be constructed in the oil-drilling region in the north-western Uganda

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Uganda’s US$309m new airport to support region’s oil industry

The airport will be constructed in the oil-drilling region in the north-western Uganda

14 February 2018 Wednesday 14:14
Uganda’s US$309m new airport to support region’s oil industry

By Azania Post Reporter

Shikun & Binui International Construction Company will construct a Ugandan US$309million airport near Hoima and Lake Albert.

The airport will be constructed in the oil-drilling region in the north-western Uganda.

The new airpot to be built by SBI-international arm of Israeli contractor SBI expects to support the region’s oil industry .

Shikun & Binui said that, the Ugandan government intends to use the facility as the country's second international airport.

The company chairman, Moshe Lahmani explained that the selection of Shikun & Binui to carry out the project confirms the outstanding reputation that SBI enjoys in Africa.

“This reputation is 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,” said Shikun & Binui chairman

The project includes the construction of 3.5km of runways, and an air traffic control tower, earthworks and drainage, installation of electro-mechanical, communications and navigation systems and the erection of a cargo terminal, and additional residential and service structures.

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

The Shikun & Binui Chief Executive Officer, Yuval Dagim said SBI’s selection has shown highlevel of trust they have earned from their clients in the continent.

“And it is revealed in the level of pure confidence in the ability to build complete complex engineering infrastructure projects with a high degree of success and efficiency,” he explained.

Sources said the project will be financed by the UK Export Finance (UKEF) and a commercial bank and is expected to be complete in three years.

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