News / Adani Group wins $1.2bn bid for Haifa port

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The Adani Group – India’s biggest port infrastructure developer and logistics behemoth – is rapidly pushing its network boundaries into new geographical markets as it aims to emerge as the world’s largest port operator by 2030.

The group has clinched a $1.2bn (NIS 4.1bn) deal to secure concession rights for Haifa port, Israel’s second-busiest gateway, in a joint bid with local partner Gadot Group. Haifa is a key intermediate hub in the Mediterranean region.

“Through the winning bid, the Adani-Gadot consortium has secured the rights ...