 In 1958, Israel's Foreign Minister Golda Meir encouraged Shikun & Binui's subsidiary Solel Boneh to expand its operations into Africa.Internationally, through its subsidiaries Shikun & Binui built hundreds of miles of roads and bridges and other national infrastructure across Africa and Latin America, hydroelectric plants in Guatemala, the National Library in Nigeria,  toll lanes in the United states, commercial and multi-family residential buildings across Europe.In 1996, Israel's General Federation of Labor (Histadrut) privatized its assets, selling shares of Shikun & Binui to its employees and Ted Arison of the Arison Group.