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Kfar Giladi Kibbutz Firm Wins NIS 542 Million Quarry Tender
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.
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What happened
- 01Kfar Giladi Quarries will pay NIS 542 million for a 24-year concession to operate the Qedarim quarry.
- 02The Qedarim quarry will replace the Amiad quarry, with operations ending by late 2027.
- 03The quarry holds approximately 40 million tons of reserves and will produce 1.5-2 million tons annually.
- 04The company plans to invest tens of millions of shekels in modernizing the Qedarim site.
- 05The move is part of Kfar Giladi Quarries' expansion strategy amid major northern infrastructure projects.
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.
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