The Adani Group recently acquired the strategic Israeli port of Haifa for USD 1.2 billion.


About the ‘Haifa Port’

  • It is located in northern Israel, adjacent to the city of Haifa along the Mediterranean sea.
  • It is also located on the busy Suez Canal shipping route.
  • The Haifa port is one of the two biggest commercial ports in Israel.
  • It handles nearly half of the country’s container cargo and is also the nation’s principal port for passenger traffic and cruise ships.
  • It has a natural deep-water harbour, which operates all year long.
  • The facility features two container terminals and two multi-cargo terminals.
  • The Port of Haifa was constructed in 1933 by the British. Since 1948, it has been rebuilt and developed by the Israeli government.