[ynetnews]
“China is moving into the Israeli ports market on a large scale: With one Chinese company having already won a tender to construct the new Ashdod Port, a second Chinese firm will be taking over operations at the new Haifa Port, which is currently under construction by Shapir Engineering and the Ashtrom group at a cost of NIS 3.96 billion.”
“Shanghai International Port Group has been awarded the government tender to operate the new port in Haifa for 25 years. The new Haifa Port is expected to commence operations in 2021. SIPG was the only company that bid to operate the new facility.”
“”This is an historic day for Israel,” said Transportation Minister Israel Katz. “The Chinese group that won the tender will bring competition to the sector.”
“”The new ports will create thousands of new jobs and lead to a drop in the cost of living. It’s an expression of confidence in the State of Israel on the part of a superpower, which has decided to invest billions of shekels in Israel and turn it into an international cargo center for all the world.””
Read more: Chinese company wins bid to run new Haifa port
2021-week19
