Northern Quarries Win Secures Raw Materials for Decades
Translated & summarized from Ice by baba
Kfar Giladi Quarries secured a 24-year tender to operate the strategic Qedarim quarry in the Galilee, ensuring raw material supply for decades. CEO Eran Shechtman stated this is a response to northern threats, emphasizing local production's role in national resilience. The company will transition from its Amiad quarry by 2027, supporting upcoming infrastructure projects in the region.
The story in 5 lines · by baba
- Kfar Giladi Quarries won a 24-year tender to operate the strategic Qedarim quarry in the Galilee.
- The win ensures a supply of raw materials for decades, crucial for northern Israel's resilience.
- CEO Eran Shechtman called the quarry win the company's answer to threats in northern Israel.
- The company will transition operations from its Amiad quarry by the end of 2027.
- The Qedarim quarry holds approximately 40 million tons of reserves.
Eran Shechtman, CEO of Kfar Giladi Quarries, stated that the company's recent win in the tender for the Qedarim quarry, through a partnership with the infrastructure fund TASE, ensures a supply of raw materials for decades. He emphasized the particular importance of local, continuous production capacity in the North, a region that has faced threats and damage to infrastructure and communities. Shechtman declared that Kfar Giladi Quarries' response to threats in the North is to continue building, rehabilitating, developing, and strengthening settlements and infrastructure, asserting that the raw materials industry is vital for national resilience, not just an economic engine.
Kfar Giladi Quarries announced yesterday that it won the 24-year tender to operate the strategic Qedarim quarry in the Galilee, which holds approximately 40 million tons of reserves. The company, with over a century of history in the construction and infrastructure raw materials sector, will transition its operations to Qedarim as its Amiad quarry's activity concludes by the end of 2027. This move aims to maintain the supply of raw materials to existing clients and facilitate expansion.
The acquisition of the Qedarim quarry provides Kfar Giladi Quarries with a long-term operational base in the Galilee, complementing its existing sites. This development occurs amidst anticipated major infrastructure and construction projects in the North, including road and rail development, the northern extension of Highway 6, protection projects, the construction of protected spaces, and rehabilitation plans for northern communities.
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