ICTSI makes play for Israeli port

Manila: Philippine port operator International Container Terminal Services Inc (ICTSI), fresh from winning a bid to operate the largest box port in Iraq, is now in the mix to win a bid for another port in the region. ICTSI has been revealed as one of four bidders for a controversial box port concession in Israel.

The companies that pass the prequalification stage will enter the request for proposal (RFP) stage. The winner will plan, finance, and build the port’s operating areas.

Plans to build Israel’s first private terminals have sparked protests from the nation’s port operators, but Tel Aviv says the new ports are vital to reduce logistics costs in the nation.  [14/04/14]

 

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