Kfar Giladi Kibbutz Firm Wins NIS 542 Million Quarry Tender
Translated & summarized from Calcalist by baba
Kfar Giladi Quarries won a tender from the Israel Land Authority to operate the Qedarim quarry in the Galilee for approximately NIS 542 million over 24 years. The new quarry will replace the Amiad quarry by the end of 2027, ensuring a continued supply of construction materials for northern Israel. The company plans significant investment in the site, which holds substantial reserves and is strategically located. This acquisition supports Kfar Giladi Quarries' expansion strategy amidst anticipated major infrastructure projects in the north.
The story in 5 lines · by baba
- Kfar Giladi Quarries will pay NIS 542 million for a 24-year concession to operate the Qedarim quarry.
- The Qedarim quarry will replace the Amiad quarry, with operations ending by late 2027.
- The quarry holds approximately 40 million tons of reserves and will produce 1.5-2 million tons annually.
- The company plans to invest tens of millions of shekels in modernizing the Qedarim site.
- The move is part of Kfar Giladi Quarries' expansion strategy amid major northern infrastructure projects.
Kfar Giladi Quarries has secured a tender from the Israel Land Authority (ILA) to operate the Qedarim quarry in the Galilee. The company will pay approximately NIS 542 million for the 24-year right to extract raw materials for construction and road paving from the site. This new quarry is slated to replace the Amiad quarry, where Kfar Giladi Quarries' operations will cease by the end of 2027 at the latest. The Qedarim quarry holds an estimated 40 million tons of reserves and is expected to reach an annual output of 1.5 to 2 million tons after necessary setup and adjustments. Kfar Giladi Quarries plans to invest tens of millions of shekels in modernizing the site and implementing new technologies in the initial years.
The Qedarim quarry's strategic location on Highway 85 in the heart of the Galilee will enable it to supply raw materials across a wide area, from the eastern to western Galilee and southward. This move is crucial for the company's long-term operational continuity, ensuring it can continue supplying existing clients and potentially expand its business. While not the largest player in the market, Kfar Giladi Quarries is a significant operator in northern Israel, especially with major infrastructure and construction projects anticipated in the region, including railway and road development, the northern extension of Highway 6, defense projects, and reconstruction plans for northern communities.
The Qedarim quarry is expected to employ around 20 workers, in addition to local suppliers, contractors, and service providers. Kfar Giladi Quarries, one of Israel's oldest companies, owned by Kibbutz Kfar Giladi and operating since the 1920s, specializes in mining, quarrying, and producing essential materials for major construction and transportation projects. The company has been pursuing an accelerated expansion strategy, recently winning the tender for the Zanoh quarry near Beit Shemesh in 2024 for NIS 1.1 billion.
Mentioned
The same event, reported separately by each outlet. Open a few to compare what different newsrooms emphasize — and what they leave out.
Centre 1Other 1
