Chinese company to take over key Israeli port

(Newsweek) A Chinese company is planning to take over management of Israel’s Haifa port as Beijing continues to advance its global influence in the form of economic projects and big commercial deals.

The Haifa port sits close to the hub of the Israeli navy base that is reportedly home to the country’s nuclear-capable submarine force, according to The Times of Israel. Israeli critics are calling for an investigation into potential security issues posed by the Chinese presence along the country’s Mediterranean coast.

At the University of Haifa’s Workshop on Future of Maritime Security in the Eastern Mediterranean conference at the end of August, Shaul Chorev, reservist brigadier general of the Israel Defense Forces (IDF), former navy chief of staff, and chairman of the Atomic Energy Commission, said a new mechanism was required to keep an eye on Chinese investments in Israel.

TiLTNews Network

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