An all-Israeli consortium has beaten out an Israel-Belgium team to build a new private port in the northern city of Haifa.
Shafir Civil and Marine Engineering Ltd. and Ashtrom Properties Ltd. won the Israel Ports Development and Assets Co. contract for the new port, beating out Israel’s Shikun U’Binui Holdings Ltd. and a unit of Belgium’s Jan De Nul group. The winning bid for the Haifa port project was $1.05 billion.