Ahmedabad, January 31 Adani Group will look past ports and defence sector in Israel, because the Group chairman Gautam Adani on Tuesday introduced plans to set up an Synthetic Intelligence (AI) lab in Tel Aviv.
“We have initiated several dozen technology relationships wherein we have offered the entire Adani portfolio of companies to be a giant sandbox for us to learn together. We are also in the process of setting up an Artificial Intelligence lab in Tel Aviv which will work in close collaboration with our new AI labs in India and the US,” Adani stated on the handing-over ceremony of Israel’s Hafia Port to Adani Ports and Particular Financial Zone (APSEZ) in the presence of Israeli Prime Minister Benjamin Netanyahu in Tel Aviv.
In July 2022, a 70:30 consortium of APSEZ and Israel’s Gadot Group had received the contract to privatise the Port of Haifa, the second largest port in Israel.
On the plans for Haifa Port, Adani stated, “The acquisition of the Haifa port also comes with a significant amount of real estate. And I promise you that in the years to come we will transform the skyline we see around us.”
“The Haifa of tomorrow – will look very different from the Haifa that you see today. With your support – we will deliver on this commitment and do our part to transform this city,” he stated expressing confidence for progress and withstanding competitors.
Over the previous few years, Adani has shaped vital partnerships that embody Elbit Techniques, Israel Weapon Techniques, and Israel Innovation Authority.
“We also anticipate establishing collaborative relationships with local colleges like the University of Haifa to be able to capitalise on the deep technology expertise available in this city,” he stated.
Adani-Gadot consortium purchased 100 per cent shares of Haifa Port Firm Ltd in a $1.18 billion supply.
Haifa Port has two container terminals and two multi-cargo terminals and a roll-on, roll-off (RORO), a cruise terminal with numerous passenger amenities. Throughout 2021, it dealt with 1.46 million TEUs, 2.56 million tonnes of common and bulk cargo.
Printed on January 31, 2023