Israeli ports up for grabs
The Israeli government is to sell stakes in eight state-owned companies and the Mediterranean seaports of Haifa and Ashdod.
The plan first came about back in October 2014, but 2015 is set to be the year for the sales, which it’s been suggested will generate close to US$4bn.
Government-owned Port of Ashdod is a government-owned company and is subject to the owner’s decisions and directives.
A spokesperson from the Port of Ashdod told Port Strategy: “The Port management has begun preparations to the issue and is currently in the preliminary stages, pending further government directives.”
“Port of Ashdod, as a government organ and a strategic infrastructure of the State of Israel, will continue to serve its customers at all times,” the spokesperson added.
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