(JERUSALEM POST) — WASHINGTON – The US Navy has acknowledged that its longstanding operations in Haifa may change once a Chinese firm takes over the civilian port in 2021, prompting Israel’s national security cabinet to revisit the arrangement, The Jerusalem Post has learned.
Haifa, the nation’s largest port city, regularly hosts joint US-Israeli naval drills and visits from American vessels. But a 2015 agreement between Israel’s Transportation Ministry and Shanghai International Port Group (SIPG) – a company in which the Chinese government has a majority stake – has raised intelligence and security concerns that are only now prompting an interagency review.
That agreement granted SIPG control over the port for 25 years. The Chinese company has committed $2 billion to the project and, according to state-run media, plans to transform the port’s bay terminal into the largest harbor in the country.