• BIST 120.407
  • Altın 313,578
  • Dolar 6,0671
  • Euro 6,5525
  • İstanbul 7 °C
  • Ankara -2 °C

Report: Haifa Port Privatization Cleared

Report: Haifa Port Privatization Cleared
Israel’s government has given the final green light for the privatization of the country’s biggest port, the Port of Haifa, Reuters reports.

The Ministerial Committee on Privatization gave the approval on Tuesday, January 21, concluding a two-year process of developing the sale plan.

Under the plan, the state wants to sell all of its shares in the port to an investor with proven experience in the container sector. The decision has been ascribed to the country’s desire to boost the port’s competitiveness.

The new investor will be required to invest around NIS 1 billion (USD 289 million) in the port’s infrastructure.

It is estimated that around 200 workers would be laid off as part of the process, local media informed.

The announcement comes after several failed attempts at privatizing the country’s ports.

The sale is expected to be completed in two years.

 

TURKISH MARITIME NEWS

 
 
This news is a total 327 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |