(Ha'aretz) Amos Harel - In May 2019, Israel's Finance Ministry published a tender to build a new water desalination plant. Dubbed Soreq B, the plant will be built next to the Soreq A plant already in operation and will be the biggest of its kind in the world. One of the two companies in the final stage of bidding to build the plant is the Hutchison Company, based in Hong Kong. The Energy Ministry and Finance Ministry explained in a joint statement: "Hutchison is an Israeli company indirectly owned by a Hong Kong-based company. In addition, Hutchison is already active in Israel, operating the Soreq A desalination facility, which is similar in its characteristics and location to Soreq B. Therefore, the ministries do not see how Hutchison's participation in the new tender is different from the company's current activity in the country."
2019-09-10 00:00:00Full ArticleBACK Visit the Daily Alert Archive