Shake-up in the tender for the privatization of the port of Haifa: The eminent port giant is retiring

by time news

As has been seen in recent weeks, the ports giant from the Emirates, DP WORLD, which competed in a tender for privatization Port of Haifa, Retired from the race. The company approached the tender in partnership with the Israel Shipyards Company, which is controlled by Shlomi Fogel, and operates the nearby private port.

DP’s retirement comes after a hearing was held before the director general of the Ministry of Finance, Ram Blinkov, during which it was made clear to its representatives that it could not have actual control of the port, for security reasons. In which it announced the dissolution of the partnership, and that it was considering continuing to bid in the tender, if independently Or if by partnering with another entity.

The Companies Authority addressed the issue this evening and published an unconventional announcement, according to which one can learn about the great importance they attach to the process, which is one of the two largest infrastructure tenders currently taking place in Israel (the other is the two RKL lines in Gush Dan. JL). The announcement from the Companies Authority states that “DP WORLD from the United Arab Emirates this evening notified the Government Companies Authority of its request to terminate its participation in the sale process of Haifa Port Company shares to a strategic buyer. The company was part of a consortium “Continue the sale process in isolation from DP WORLD. The request of Israel Shipbuilding Industries will be examined by the Government Companies Authority in the coming days.”

It will be recalled that apart from this group, four other groups approached the tender.

You may also like

Leave a Comment