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Israel PM Netanyahu hands over popular ‘Haifa Port’ to Adani Group

Billionaire Gautam Adani on Jan 31 met Israel Prime Minister Benjamin Netanyahu on the occasion of the official handover of the Haifa Port to the Adani Group. A consortium of Adani Ports and Special Economic Zone (APSEZ) and Israel’s Gadot Group has acquired the strategic Israeli port for USD 1.18 billion. Adani holds 70 per cent stake in the consortium while its Israeli partner Gadot has 30 per cent.

Privileged to meet with Israel Prime Minister Benjamin Netanyahu on this momentous day as the Port of Haifa is handed over to the Adani Group. The Abraham Accord will be a game changer for the Mediterranean sea logistics. Adani Gadot set to transform Haifa Port into a landmark for all to admire, Gautam Adani tweeted.

Speaking at the inauguration ceremony where Netanyahu was also present, Adani stated that today’s occasion was the outcome of a lot of hard work that had been put in over the past 6 years. He added his group has struck many critical partnerships that include Elbit Systems, Israel Weapon Systems, and Israel Innovation Authority. “We have initiated several dozen technology relationships wherein we have offered the entire Adani Portfolio of companies to be a giant sandbox for us to learn together,” he asserted.

Adani’s company was also in the process of setting up an Artificial Intelligence (AI) lab in Tel Aviv which will work in close collaboration with our new AI labs in India and the United State. “We also anticipate establishing collaborative relationships with local colleges like the University of Haifa to be able to capitalize on the deep technology expertise available in this city. And now we have the most momentous partnership of all – the Haifa Port along with our valued partner Gadot,” he asserted.


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