Chinese Firm Wins Tender, Opts to Build $1b Private Port in Ashdod

China Harbor put in low bid to develop ports in both Ashdod and Haifa, but under rules of tender could opt for only one.

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The first private port to be developed under the state's port reforms will be located in Ashdod and built by China Harbour Engineering Company, a Chinese government-owned firm, TheMarker has learned.