Catch News
Switch to
Catch News
Switch to
 
 
Home » Business & Economy News » Handing over Haifa Port to Adani Group shows ‘deep trust’: Israel Envoy [Watch]
 

Handing over Haifa Port to Adani Group shows ‘deep trust’: Israel Envoy [Watch]

Speed News Desk | Updated on: 22 February 2023, 14:20 IST
Naor Gilon

Israeli Ambassador to India Naor Gilon reacted to Israel had handed over the Haifa Port to the Adani Group. He stated that the port is a strategic asset for Israel, and the decision to entrust it to an Indian company reflects the deep trust that Israel has in India.

Gilon also emphasized that the Adani Group, with its core competency in managing ports, has the potential to increase trade in the region through its management of the Haifa Port."


“It was a very important move from our point of view because Haifa Port is our strategic asset. Adani Group has the potential to make the Haifa Port the port it needs to be & to increase trade b/w Israel & India,” Gilon said.

Watch here

Gilon added that Israel has over 80 joint ventures with Indian companied including TATA, BHEL, Adani Group among others.

“We have about 80 joint ventures with Indian companies including TATA, Kakyani, BHEL... Ports are the core business of Adani Group. I see ports working very well. Adani Group is looking for more projects in Israel & I hope they succeed: Israel's Ambassador to India,” he said.

Last month, the Adani Group acquired the Haifa Port for $1.2 billion and vowed to transform the skyline of this Mediterranean city as part of its decision to invest more in the Jewish nation.

Also Read: UP Budget: GSDP higher than national growth rate in 2021-22, says Finance minister Suresh Khanna

First published: 22 February 2023, 14:20 IST
Naor Gilon
 
VAMP