Business
Adani Ports Appoints Former Israeli Ambassador To India Ron Malka As Executive Chairman Of Haifa Port
Former Israeli ambassador to India Ron Malka (Pic Via Twitter)
Ron Malka, former Isareli ambassador to India, has been appointed as the executive chairman of the Haifa Port.
The strategically important port was acquired in January this year by Adani Ports and Special Economic Zone (APSEZ) for $1.2 billion.
“I'm honoured and privileged to take office today as executive chairman of the Haifa Port Company, on behalf of @AdaniOnline. The experience and expertise of Adani and Gadot, combined with the dedication of the port workers, will take Haifa Port to new heights of prosperity,” Malka said in a tweet on 2 April.
Adani Group holds 70 per cent stake in the port while its Israeli partner Gadot has the remaining 30 per cent.
Last year in July 2022, Adani Ports had won the tender for privatisation of Israel's Haifa Port along with it business local partner chemical and logistics group Gadot.
The APSEZ-Gadot Group consortium completed the acquisition of HPC from the Israeli government on 10 January.
Located in northern Israel, Haifa is one of Israel’s two biggest commercial ports. It handles nearly half of Israel’s container cargo, and is also a principal port for passenger traffic and cruise ships.
The existing infrastructure at Haifa Port includes two container terminals and two multi-cargo terminals, reports Moneycontrol.
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