Independent journal on economy and transport policy
20:58 GMT+1
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DP World will not participate in the privatization procedure of the port of Haifa
The Dubai group was informed that it could not have effective control of the airport
December 3, 2021
According to Israeli media, the decision to withdraw from the joint venture with Israel Shipyards has been hired by DP World after a meeting with the Director General of the Ministry of Finances, Ram Blinkov, during which to the Dubai company it would have been specified that, for security reasons, it would not could have effective control of the port of Haifa.
Israel Shipyards asked the Government Companies Authority of the Ministry of Finance the possibility of continuing the participation in the sales procedure independently or in partnership with another subject. For its part, the DP World group, confirming the decision not to participate in the privatization of the port of Haifa, has expressed interest in investing in any case in Israel.
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