Both projects will include breakwater and quay construction, dredging services and terminal reclamation including a primary quay of 1.05-1.1km long, breakwater extensions of different lengths, as well as extensive dredging and reclamation works.
The new quays’ container capacity will be 1.1-1.4 million TEU each. The estimated cost of each quay is NIS 4 billion. The Ports Company expects container cargo traffic at the two Israeli ports to grow by 5.3% a year.
However, analysis of the figures indicates that its estimate is conservative compared with the actual growth rate. The Ports Company believes that the ports will reach full capacity by 2018, and that they will not be able to handle additional cargoes.
IPC expects to complete the design of the new container terminals in Haifa and Ashdod this year and is concurrently progressing with the permitting process.
No decision has been made which of the two terminals will be developed first or if they will be developed in parallel. Opening of the terminal(s) is set for 2018.
Approval for new HaMifratz Port
