New Delhi [India]April 3 (ANI): Ron Malka, the previous Israeli envoy to India, mentioned that he has taken over as the chief chairman of Haifa Port Firm (HPC), which is owned by Indian ports-based mostly vitality conglomerate Adani Group.

“I am honored and privileged to take over today as Executive Chairman of Haifa Port Company on behalf of @AdaniOnline. The experience and expertise of Adani and Gadot, combined with the dedication of port workers, will propel Haifa Port to new heights of prosperity,” Malka tweeted on Sunday (native time).

In July 2022, a consortium of Adani Ports and Particular Financial Zone Restricted (APSEZ) and Israel’s Gadot Group received the tender to privatize the Haifa port for USD 1.18 billion.

The port was formally handed over to the consortium in January this 12 months. Adani Group Chairman Gautam Adani then met Israeli Prime Minister Benjamin Netanyahu.

“Privileged to meet @IsraeliPM @netanyahu on this important day as the Port of Haifa is handed over to Adani Group. The Abraham Agreement will prove to be a game changer for the logistics of the Mediterranean Sea. Adani Gadot is set to transform Haifa Port into a landmark for all to admire,” Gautam Adani had mentioned in a tweet.

Ron Malka was appointed because the envoy to India in late 2018 and his time period ends in mid-2021. His academic background features a Bachelor’s in Economics and Enterprise Administration, an MBA in Finance and Enterprise Administration and a PhD in Economics.

Haifa port is situated within the north of Israel. It’s shut to the town of Haifa, Israel’s third largest metropolis. It’s one of the main industrial areas of Israel.

It handles about half of Israel’s container cargo and is a significant port for passenger visitors and cruise ships.

The Adani group has invested closely in new development areas, together with airports, cement, copper refining, knowledge centres, inexperienced hydrogen, petrochemical refining, roads and photo voltaic cell manufacturing.

It’s planning to enter the telecom sector and has in depth plans to develop its inexperienced hydrogen and airport enterprise. (ANI)

This report has been auto generated from ANI Information Service. ThePrint shouldn’t be liable for its content material.


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