Independent journal on economy and transport policy
11:31 GMT+1
This page has been automatically translated by Original news
the Israeli government signs the agreement with Chinese CHEC for the construction of the new port of Hadarom (Ashdod)
The work will be started in the end of this year and will be completed in seven years
September 24, 2014
Yesterday the Israeli Prime Minister Benjamin Netanyahu has signed the agreement with the Chinese group Lowers Harbour Engineering Company (CHEC) for the construction of the new port of Hadarom, that a kilometer to north of the current port of Ashdod will be situated. He is previewed the realization of docks per thousand linear meters and a dam breakwater of 2,8 kilometers with a total investment of 3,3 billion shekel (930 million dollars). According to the forecasts, .
The new port will be terminus of the new railway line planned Negev in order to connect the Mediterranean Sea with the Red Sea, where it will precisely have as terminus the Israeli port of Eilat (and the new harbour area in project of Hamifratz), project that is approved of last year by the government and to whose realization has candidated same Chinese group CHEC.
"We - he has emphasized Netanyahu - are historical crossroads between Asia, Europe and China and for some reason we have not still taken advantage of our strategic position. We are determined to change this situation and have decided to construct to a railway earth bridge between Asia and the Africa that connects the Red Sea and the East with the West. It will not be - it has specified the Israeli prime Minister - in competition with the Suez Canal, but it will complete it. Naturally - it has added - this represents a security measure, a kind of insurance policy for the world-wide commerce in way such that has always a transit way. It is the more important thing, because we do not want monopolies. We want to make so that a way of transit for the fine commerce is had always and to such we have decided to construct a larger port to Ashdod". Netanyahu has moreover defined "tests" the decision of the government Egyptian to put into effect the widening of the Suez Canal.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher