The second largest port in Israel, Haifa Port, has been privatized thanks to a partnership between Adani Ports and Special Economic Zone (APSEZ) and Gadot Group, the company announced in an index record. The Adani-Gadot Group has obtained the right to acquire all shares of Haifa Port Company. by the successful bid. The Port of Haifa is still under concession until 2054.

“Needless to say, we are delighted to win the Haifa Port privatization tender and this is one of many steps we are taking to transform APSEZ into a global transportation company encompassing logistics and warehousing,” said Karan Adani, Wholetime Director & CEO, APSEZ.