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It is reported that the subsidiary Foldmir (56%) won a tender from the Israel Electric Corporation to build a Givatayim sub-station, for about NIS 52 million. The period of completion of the works is expected to be about 24 months.
The project includes the planning and implementation of an upgrade and construction of a drinking water supply system for the Ghana National Water Company, including the construction and renovation of a pumping station from the Volta River, construction and renovation of 42,000 cubic meters of water treatment facilities per day, laying transmission lines and distribution of About 70 km, as well as the construction and renovation of water towers and groundwater reservoirs. The project will be carried out through a subsidiary of the company (100%) incorporated in Italy.
Eyal Lashman, CEO of Sicho: “We open the civil year with another win for Lasico in the project for the construction of a DIP in Givatayim by the subsidiary Foldemir. This win joins the project we recently won in Ghana. The project is part of the company’s strategy to increase its activity in energy, an area “We believe that the capabilities accumulated in the company will help us win more conventional and renewable energy projects in the future as well.”
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