CTECH by Calcalist reports on Ashdod Ports chairperson appearance in Calculus's 2021 Forecast Conference:
“Competition is always an opportunity. We have been granted an opportunity that only happens once in 50 years, and I think that if we make the right investments and know how to put up a fight — and as long as regulations for all of the ports is the same — we will succeed,” said Ashdod Port chairperson Orna Hozman-Bechor during Calcalist’s 2021 Forecast Conference.
Hozman-Bechor commented on the existing port’s preparations ahead of the establishment of a new, privately- owned port, which is under construction adjacent to the old one, and will begin to compete with it directly over the course of the year. “We are preparing for the competition in various ways. We invested NIS 2.5 million ($750,000) in dock infrastructure and I hope that by the end of next year, pier 21, which is our main pier, will be ready and operational. We are extending and deepening it so that larger ships can dock there. It is a deep water wharf, just like that of our new neighbors and just like the new port in Haifa.”