The AFI Group realized the tremendous potential that is latent in BOT (Build, Operate, and Transfer) projects and PFI (Private Finance Initiative – public projects that are financed by private funds) projects many years ago and it was the first company in Israel to operate such projects.
The principle that lies at the basis of these initiatives is the concept of working with the government and other institutions, which are not capable of making the initial investment and financing the construction at a specific time, or of managing a project, which may continue for more than a decade.
Among these projects, one can count Route 6 (the first toll road in Israel), the student dormitories at the Hebrew University of Jerusalem and the Hayovel Tower, in which the government offices in Tel Aviv are located.
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BOT & PFI Projects
Highway 6 - The Trans-Israel Highway
Highway 6is one of the largest and most important construction projects in Israel's history. Derech Eretz Highways Ltd, won the national tender to build and operate the highway for 30 years.
The highway uses the most advanced collection and monitoring systems in the world, allowing rapid driving without the need to stop at toll gates.
Students' Dormitories (Students' Village)
AFI Group established the Students' Village on Mount Scopus in Jerusalem. The village has operated since 2007, and is the first BOT project to be constructed for 25 years in this field. Consisting of 9 buildings and 1,500 rooms, with the option to add 3 buildings and a further 500 rooms, the Village has been developed in cooperation with the Hebrew University, and represents a unique project in Israel.
Highway 431
Through its subsidiary Danya Cebus, AFI Group won the PFI tender for planning, building, and maintaining the 21 km Highway 431 for 20 years. The highway serves as a major route and connects Modiin with Rishon LeZion. The project scope of approximately NIS 1.5 billion is considered to be one of the largest PFI activities in recent years.
