DUN'S 100 - 2016

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Construction & Real Estate
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Construction, Development & Infrastructure
Shikun & Binui Concessions Division
The Concessions Division combines the
Group’s financing, construction and
operating capabilities of large-scale
infrastructure projects with the extensive finan-
cial knowledge and aptitude, as well as a deep
familiarity with the public sector. This unique
combination renders Shikun & Binui a leading
entity pertaining to PPP projects. The division is
involved in most projects of this kind in Israel,
as well as in a variety of mega projects world-
wide. A large investment scale is required for
constructing a long-term project, usually for a
25-year franchise period.
The Concessions Division closely guides proj-
ects it is involved in, as of the publication of the
tender’s first stage through financing (closing
financing), along the years of construction and
operation through to the sale.
All of the Concessions Division’s projects are
planned, constructed, and managed according
to the Group’s vision. The Concessions Division
also has offices in Texas, USA, and in Bogota,
Colombia.
Selected projects currently under
construction
The East Perimeter Road in Cundinamarca, Co-
lumbia. In 2014 Shikun & Binui won a tender
to construct a toll road, located in the Bogota
region. The estimated project construction cost
is approximately $550 million.
A toll highway on route SH288 in Texas, USA. Shi-
kun & Binui won, and is implementing, (with part-
ners) a PPP project including planning, financing,
construction, operation and maintenance of a
highway toll road on route. $815 million.
Pumped Storage, Mount Gilboa, Israel. A BOT
project for financing, planning, constructing and
operating a 300 MW power station, the first of
its kind in Israel, allowing energy storage and
release, using water reservoirs at different eleva-
tions. Estimated cost is NIS 2.2 billion.
Generi 2 Office Building in Jerusalem. A PPP
project that includes planning, financing, con-
struction, operation, maintenance and delivery
of three 9-storey buildings, for 6 government
ministries.
Select completed projects
Israel Police Academy, Beit Shemesh. A BOT
project including planning, financing, managing,
operating, maintenance and instruction services
for Israel Police for 25 years, construction cost is
NIS 600 million. The construction emphasized
sustainability aspects.
The New Tel Aviv Courthouse. A modern Law
Courts tower building was inaugurated in 2014.
The building contains 52 courtrooms, 78 judges’
chambers, and a detention room. The building
was designed as a green building, highlighting
energy and water efficiency savings.
The Carmel Tunnels Project in Haifa. The first of
its kind toll tunnels road in Israel. Constructed at
a NIS1.25 billion investment, in a BOT method,
for a period of 35 years. The project includes 4
tunnels at an overall length of 10 km, with the
largest interchange in Israel, containing 7 bridges
and ramps, as well as advanced technological
systems which enable command and control.
Environmental matters were stressed, including
noise and air quality monitoring.
Highway 6 (Cross Israel Highway). This project is
the first of its kind for several reasons: the BOT
project of its kind in Israel, the first toll road in
Israel, and the longest highway nationwide. The
highway is currently 138 km long, with 12 inter-
changes, two tunnels and 100 bridges. During
the next several years it is expected to reach 247
kilometers. Its construction required professional
expertise, including overall planning, detailed
planning, paving, maintenance, financing and
operating a smart electronic toll-collection sys-
tem (of the most advanced worldwide), and man-
agement of a variety of environmental issues. In
2013 Shikun & Binui sold its shares in Highway
6. Shikun & Binui continues holding 35% of the
shares of the company operating the highway.
Road rehabilitation, upgrade and maintenance
(Northern Lanes). The PFI project (Private Finance
Initiative) for the rehabilitation, operation, main-
tenance and financing the road network in the
north of Israel in an overall length of 270 km. for
a concession period of 20 years. Shikun & Binui
constructed cycle paths with Megiddo Regional
Council.
The Hadera Desalination Plant. This plant sup-
plies one sixth of the household consumption of
water in Israel. Until recently, it was the largest
plant worldwide using reverse osmosis. Located
near Orot Rabin Power Station in Hadera. The
project was constructed with a NIS 1.5 billion
investment, as a BOT project won by ID2H Ltd.,
held by Shikun & Binui and by IDE Technologies
Ltd., for supplying 127 million cu.m. annually.
The group planned, financed, constructed and
currently operates the plant, and sells the water
to the government of Israel at a pre-defined price.
This arrangement will last 25 years (including
construction), at the end of which (in 2032) the
plant will be delivered to the Israeli government.
The unique finance transaction, with European
Investment Bank EIB and other European banks,
won Finance Deal of the Year for 2007 from the
exclusive financial magazine “Euromoney’s
Project”.
1A Hayarden St., P.O.B. 1133,
Airport City 7010000
Tel: 972-3-6300000
Fax:972-3-6301595
Esta b l i s h e d
1995
l i n e o f b u s i n ess
Initiation, development, financing and implementation of Public Private
Partnership (PPP) projects in Israel and abroad in transport, desalination,
water, energy and social infrastructures
Yaron Karisi
CEO Shikun & Binui *
Ami Landau
CEO Shikun & Binui
Concessions Division *
Moshe Lahmani
Chairman of the Board
Shikun & Binui *
* See Top Executives Profiles - Page 582