Port request for cranes denied

The request of the Haifa Ports Authority to have all 20 of the cranes it ordered built outside of Israel has been denied by Minister of Industry, Trade and Labor Eli Yishai.

By MATTHEW KRIEGER
March 20, 2007 07:06

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

The request of the Haifa Ports Authority to have all 20 of the cranes it ordered built outside of Israel has been denied by Minister of Industry, Trade and Labor Eli Yishai. Under Israeli government law, any contract tendered by a government-owned company, such as the Haifa port, must have at least 28% of the production done by Israeli manufacturers. The Haifa port claimed that because it is a new government-owned company, the law should not apply. The port wanted all of the crane production, worth an estimated $120 million, to be completed outside of Israel, as production costs outside the country are significantly lower.

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS