Four seek pre-qualification for new Israeli ports

MSC subsidiary, Terminal Investment Ltd, Eurogate, ICTSI and China’s Shanghai International Port (Group) Company are all in the frame. If they are successful in their application, they will go through to the request for proposal (RFP) stage.

The concession will involve planning, financing and building the new ports, as well as out-fitting the terminals for handling operations.

Israel’s Minister of Transport has confirmed that both ports will be built simultaneously and as soon as possible. “There will be competition, efficiency, and the freedom to choose the service provider,” said the minister, Yisrael Katz.

Israel Ports Development & Assets Company Ltd is overseeing the two projects, which chief executive Shlomo Breiman says will ensure that the best operational operating standards are secured. Contractors are currently being identified to build the ports, while material is also being acquired to build the breakwaters needed.