Israel’s Haifa port taken over by Adani Group

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Mumbai : Adani Group took over Haifa Port in Israel for $1.2 billion. Israeli Prime Minister Benjamin Netanyahu and Adani Group Chairman Gautam Adani were present at the ceremony.

Netanyahu has welcomed this transaction. Haifa is Israel’s second largest container port and the largest port for tourist cruise ships.

The Adani group has made clear its aim to further develop the city after taking over the port. Gautam Adani also said that the Adani group will invest more in Israel and an artificial intelligence lab will also be set up in Tel Aviv. However, he did not comment on the Hindenburg report at this time.

Netanyahu was also present at the ceremony. At this time, Netanyahu expressed the opinion that the agreement to take Haifa port by Adani Group is very important. He also said that this will strengthen the relationship between Israel and India.

After this, the Adani group said that investment will also be made in the construction sector in Haifa. The discussion that we had discussed many times with the Prime Minister of India, Narendra Modi, to increase the communication between the two countries, India and Israel, is taking shape today. This agreement will also increase the speed of communication between the two countries. Also, this port can play an important role as an arrival and departure hub in the region. He said the port could be used by cargo ships to go to Europe via the Mediterranean Sea.

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