CHEC Wins Ashdod Port Gig

China Harbour Engineering Company (CHEC) has won the contract to build a new port in Ashdod.

This new port, worth $930 million, will be built about 1km north of the current Ashdod Port, consisting of a 1,000m pier and 2,80m breakwater.

Prime Minister Benjamin Netanyahu, made the following remarks at the signing ceremony for the new port in Ashdod:

There is a very major change here for the citizens of Israel. First of all we are developing the Ashdod port. We are talking about something with vision for the future. We are joining Ashdod with the arteries of global trade, and the link from Eilat, which will be carried out via rail, also the link to the Suez Canal and the trade that emerges from it, this will be a great engine for growth not only in Ashdod but for the State of Israel.”

“This has very major implications. As we open Ashdod to global trade we also increase employment in Israel. We also create further competition which lowers prices. When there is more competition prices go down and jobs are added. This is good for the Israeli economy and for Israeli citizens, as well as for Israel’s place on the global trade map,” added Netanyahu.

According to the officials, the construction of the port is scheduled to start at the end of the year and will take about seven years to complete.

CHEC is also a candidate to build the cross-Negev railway, which will begin in Eilat and/or Aqaba in Jordan and terminate at the new port in Ashdod.

September 26, 2014

 

 

 

 

Share this article

Follow Dredging Today

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

CEDA Dredging Days 2019

The conference is well-attended by professionals representing the entire cross-section of the dredging field…

read more >

PORTS Conference

The PORTS Conference series is internationally recognized as an outstanding opportunity to network with…

read more >

Global Dredging Forum

2 day conference on the commercial activities of ports. How to meet the global demands of new vessels in an increasingly competitive market.

read more >

Eastern Chapter WEDA Fall 2019 Conference

Wednesday (10/16/19) afternoon will start the program with an opportunity to take the Dredging 101 course.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply