Papo Maritime wins tender to privatize Eilat Port
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Papo Maritime Ltd., a shipping firm owned by the Nakash brothers, has won the tender for the privatization of the Eilat Port. The firm, which was the only one to submit a bid, is to pay roughly NIS 130 million over the course of 15 years.
The deal has to be approved by the finance and transportation ministries before it can be finalized. (Lior Gutman, Calcalist)
