ASHTROM GROUP TOGETHER WITH SHAPIR WINS NIS 4 BILLION HAIFA PORT CONSTRUCTION TENDER

The Ashtrom Group together with Shapir Engineering has won a tender for constructing the new port in Haifa (Haifa Bay Port). The project is expected to yield revenues amounting to some NIS 4 billion  (to be shared by both companies), Ashtrom’s share being 50% (approx. NIS 2 billion).

Work on the project is expected to last 75 months, starting in the company’s estimation in the course of 2015.

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