Shikun & Binui

Name

Shikun & Binui

Legal name

Shikun & Binui Ltd. (שיכון ובינוי בע"מ)

Website

https://shikunbinui.com

Company type

Public

Founded year

1924

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Infrastructure Construction and Real Estate Development

NAICS

Power and Communication Line and Related Structures Construction (237130), Engineering Services (541330), Architectural, Engineering, and Related Services (5413), Land Subdivision (23721)

SIC

Construction - Special Trade Contractors (1700), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Overhead & Underground Collection System Construction (MV/HV Lines, Duct Banks) (EUAEADAG)

akta.pro secondary industries

Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE), Structural & Mechanical BOP Construction (Racking/Trackers, Turbine Erection Support, Mounting Structures) (EUAMAFAC)

Keywords

• Infrastructure construction
• Real estate development
• Public-private partnerships
• Civil engineering
• Renewable energy projects

Headquarters

HQ city

Lod

HQ country

Israel

HQ region

Middle East

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Infrastructure Construction: Civil engineering and construction services for infrastructure projects including roads, tunnels, bridges, and public works. Revenue is generated through lump-sum contracts, cost-plus contracts, and public tenders for government and private clients.
2. Real Estate Development: Development and construction of residential and commercial real estate projects. The company has built over 190,000 housing units and currently has approximately 2,500 units under construction across dozens of active construction sites.
3. Concessions and P3 Projects: Revenue from build-operate-transfer (BOT), build-own-operate (BOO), design-build-operate-transfer (DBOT), and public-private partnership (P3) projects. These typically involve long-term contracts for infrastructure operation after construction.
4. Energy Projects: Development and operation of renewable energy projects including solar photovoltaic and thermo-solar power plants. Projects include the 121-MW Ashalim CSP plant and multiple solar installations.
5. Operations and Maintenance: Ongoing operations and maintenance services for completed infrastructure, real estate assets, and energy facilities.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Shikun & Binui is a global infrastructure and real estate development company that delivers large-scale civil engineering, construction, and concession projects for government and institutional clients. Through its subsidiaries, it builds roads, tunnels, bridges, desalination plants, renewable energy facilities, and residential and commercial real estate, often under BOT, BOO, DBOT, and P3 contract structures.

Product overview

Shikun & Binui is a global infrastructure and real estate development company operating through multiple subsidiaries and service divisions. The company offers a comprehensive portfolio comprising: Shikun & Binui Real Estate (residential and commercial development in Israel), Shikun & Binui Solel Boneh (civil engineering and construction in Israel), Shikun & Binui USA (infrastructure P3 and Design-Build projects in the United States), Shikun & Binui Concessions & Investments (BOT/BOO/PPP project development), Shikun & Binui Energy (renewable energy development and operation), Shikun & Binui Europe (real estate development in Central and Eastern Europe), and Shikun & Binui SBI Infrastructure (international infrastructure projects). Service offerings include Concessions, EPC, Construction, and O&M services. The company operates across three core sectors: Infrastructure (roads, tunnels, bridges, toll highways), Real Estate (residential complexes, commercial centers, mixed-use developments), and Energy (solar PV, pumped storage, desalination).

Differentiator

Problem solved

Functional benefit

Products and services

• Shikun & Binui Real Estate
• Shikun & Binui Solel Boneh
• Shikun & Binui USA
• Shikun & Binui Concessions & Investments
• Shikun & Binui Energy
• Shikun & Binui Europe
• Shikun & Binui SBI Infrastructure
• Concessions Services
• EPC Services
• Construction Services
• Operations and Maintenance Services

Quantifiable outcome

• Built over 190,000 housing units for more than 1 million people
• +5 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

20 partnerships are on record, tiered core and minor.

• Blueridge Transportation Group, LLCcoreStrategic or Co-development PartnerPartner in SH 288 Express Toll Lanes P3 project in Houston, Texas. S&B USA Concessions and S&B USA Construction P3 project for planning, financing, construction, operation, and maintenance of 10.3 miles of toll roads including 54 bridges and 18 interchange ramps, operating until 2069.
• Red River Valley Alliance (RRVA)coreStrategic or Co-development PartnerJoint venture partner for Fargo-Moorhead Stormwater Diversion Channel project in North Dakota. First pilot project under USACE Revolutionize Civil Works initiative for 30-mile flood diversion channel.
• ASN ConstructorsminorImplementation/ SI/ Consulting PartnerConstruction partner for Fargo-Moorhead Stormwater Diversion Channel project.
• China Railway Tunnel Group (CRTG)coreStrategic or Co-development PartnerJoint venture partner with Shikun & Binui Solel Boneh for Tel Aviv Light Rail Project - construction of two 5-km long tunnels and six stations.
• NTA (Mass Transit System)coreOthersClient for Tel Aviv Light Rail Project. Shikun & Binui Solel Boneh won the extensive tender for tunnel construction in cooperation with CRTG.
• ElectracoreStrategic or Co-development PartnerJoint venture partner with Shikun & Binui Solel Boneh for Pumped Storage Gilboa BOO project - power plant for energy storage by pumping water between reservoirs.
• Politsei (Israel Police)coreOthersGovernment partner for National Police Academy BOT project - 38 buildings on 57 acres with residential, office, training, and sports facilities.
• Kibbutz Tze'elimcoreStrategic or Co-development PartnerPartnership for Shneur Tze'elim solar project - 120-MW photovoltaic power plant covering about 350 acres of kibbutz land.
• BelectriccoreStrategic or Co-development PartnerPartner for multiple solar energy projects including Sde Boker (5 MW), Nevatim1 (18 MW), and Shneur Tze'elim (120 MW) photovoltaic installations.
• Waterleau (Belgium)minorStrategic or Co-development PartnerPartner with Shikun & Binui Solel Boneh for Carlsberg wastewater treatment facility in Ashkelon.
• AFI EuropecoreStrategic or Co-development PartnerPartner for Central Garden mixed-use project in Belgrade - residential neighborhood of 374 units and luxury office building built to LEED standard.
• AzorimminorChannel Partner/ Reseller/ DistributorJoint venture partner with Shikun & Binui Real Estate for Ir Yamim Mall in Netanya.
• Maryland State Highway AssociationcoreOthersClient for MD85 and I-270 interchange reconstruction project in Frederick, Maryland.
• K.M.R. – Advancement of Medical Centers LTDminorOthersPartner for Rambam Health Care Campus Oncology Department construction project.
• Shagraui NorthminorChannel Partner/ Reseller/ DistributorJoint venture partner with Shikun & Binui Real Estate for Chalomot Harish project - 252 residential units in 11 seven-story boutique buildings.
• Tel Aviv UniversitycoreOthersClient for Broshim dormitories BOT project - renovation and operation of approximately 2,500 student beds.
• Netivei IsraelcoreOthersClient for Road 444 project - new interchange at southern entrance to Rosh Ha'ain.
• Solel Boneh CementcalminorChannel Partner/ Reseller/ DistributorPartner for David Promenade project - digging works and deep foundations for residential tower and luxury hotel on Herbert Samuel Promenade.
• SBI International Holdings AGcoreStrategic or Co-development PartnerInternational partner for SBI Infrastructure operations including Kericho-Nyamasaria Road in Kenya.
• Reynolds Construction Company (Nig.) Ltd.minorChannel Partner/ Reseller/ DistributorPartner for Ilesha Dam project in Nigeria.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Fluor Corporation: US-headquartered global EPC firm with large energy, infrastructure, and government services portfolio. Comparable as a broader EPC incumbent competing for energy and infrastructure mega-projects.
• Strabag SE: European construction and concessions major with significant transportation infrastructure and tunneling capability. Comparable as a large incumbent with a similar tunneling/infrastructure delivery profile, including the Tel Aviv Light Rail competitor context.
• Skanska AB: Global construction and real estate developer with strong P3/project delivery capability and focus on sustainability. Comparable as a large incumbent with similar green-building and infrastructure positioning.
• Vinci SA: Global construction and concessions major with extensive P3/toll road and energy infrastructure operations. Comparable as a larger, geographically diversified incumbent competing for international P3 mandates.
• ACS Group (Actividades de Construcción y Servicios): Global infrastructure and concessions group (including Hochtief/CIMIC) with major P3/concession portfolio. Comparable as a large incumbent in international concessions and renewable energy infrastructure.

Direct peers

• Ashtrom Group Ltd. Long-standing Israeli construction, real estate, and infrastructure developer active in residential, commercial, and public-sector projects. Comparable as a direct domestic peer competing for the same Israeli tenders and real estate opportunities.
• Housing & Construction Holding Co. (Shilav) Ltd. Israeli real estate and construction group with significant residential development and infrastructure activity. Comparable as a domestic competitor in real estate development and large-scale construction.
• Tidhar Group: Israeli residential and commercial real estate developer with urban renewal and large-scale project activity. Comparable as a competitor in Israeli residential development and contractor services.
• Electra Ltd. Israel-headquartered infrastructure, construction, and real estate group with P3/BOT projects (including the Pumped Storage Gilboa JV with Shikun & Binui). Directly comparable as a domestic competitor in Israeli EPC, concessions, and energy infrastructure.
• Africa Israel Investments Ltd. Diversified Israeli real estate and infrastructure conglomerate with significant domestic and overseas holdings. Comparable in residential, commercial, and concession-style real estate operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shikun & Binui