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May 27, 2020

Israel passes on Chinese bid for major desalination plant

JERUSALEM (AP) — Israel on Tuesday awarded a contract to build a new desalination plant to a local company, turning down a bid by a Hong Kong conglomerate at a time of growing U.S. pressure to avoid Chinese investments in key infrastructure.

Israel’s Energy and Water Ministry said it had granted the Sorek 2 desalination plant project to IDE, an Israeli company that has already built several of the country’s saltwater conversion facilities. Outbid for the contract was Hutchison Holdings, a major infrastructure conglomerate from Hong Kong.


 
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