Israeli government approves Haifa Port privatisation
The government of Israel has approved a plan to privatise the Port of Haifa after two years of deliberations, aiming to attract new investment and increase competition.
Local media has reported that the sale will be completed by 2022 and the lease will last through 2054.
A minimum investment of US$290m is required by the winning bidder, of which at least US$115m should be used for infrastructure investments.
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