Netanyahu lauds India-Middle East-Europe Economic Corridor

11 Sep 2023 CW Team

Israeli Prime Minister Benjamin Netanyahu has enthusiastically welcomed the announcement of the India-Middle East-Europe Economic Corridor (IMEC), describing it as the "largest cooperation project in our history" that will have a transformative impact on the Middle East, Israel, and the world. This ambitious economic corridor, seen by many as an alternative to China's Belt and Road Initiative, was jointly announced on September 9 during the G20 summit in New Delhi by leaders from the U.S., India, Saudi Arabia, the United Arab Emirates, France, Germany, Italy, and the European Union.

In a video message, Prime Minister Netanyahu emphasised that Israel is at the heart of this groundbreaking international project, which will connect infrastructure from Asia to Europe. He expressed gratitude to the United States, particularly President Joe Biden and his administration, for their efforts in making this historic initiative a reality. Netanyahu outlined that Israel will play a central role in the corridor, with its railways and ports serving as a key gateway connecting India, the Middle East, and Europe.

The project aims to develop railways, hydrogen pipelines, fibre optic communications cables, electricity cables, and other essential infrastructure components. Netanyahu underscored Israel's commitment to contributing its capabilities and experience to this monumental cooperation project, which will involve coordination between government ministries and cooperation with the U.S. and other nations. He stressed that the IMEC would usher in a new era of global and regional cooperation and involvement.

While the announcement of the IMEC is significant, it comes at a time when Israel is facing challenges, including widespread protests, potential mass emigration, resignations in critical positions, and economic concerns. Netanyahu has sought to highlight the positive impact of this project on Israel's future during his recent trip to Greece and Cyprus, aiming to boost morale and reassure the public.

Israeli Prime Minister Benjamin Netanyahu has enthusiastically welcomed the announcement of the India-Middle East-Europe Economic Corridor (IMEC), describing it as the largest cooperation project in our history that will have a transformative impact on the Middle East, Israel, and the world. This ambitious economic corridor, seen by many as an alternative to China's Belt and Road Initiative, was jointly announced on September 9 during the G20 summit in New Delhi by leaders from the U.S., India, Saudi Arabia, the United Arab Emirates, France, Germany, Italy, and the European Union.In a video message, Prime Minister Netanyahu emphasised that Israel is at the heart of this groundbreaking international project, which will connect infrastructure from Asia to Europe. He expressed gratitude to the United States, particularly President Joe Biden and his administration, for their efforts in making this historic initiative a reality. Netanyahu outlined that Israel will play a central role in the corridor, with its railways and ports serving as a key gateway connecting India, the Middle East, and Europe.The project aims to develop railways, hydrogen pipelines, fibre optic communications cables, electricity cables, and other essential infrastructure components. Netanyahu underscored Israel's commitment to contributing its capabilities and experience to this monumental cooperation project, which will involve coordination between government ministries and cooperation with the U.S. and other nations. He stressed that the IMEC would usher in a new era of global and regional cooperation and involvement.While the announcement of the IMEC is significant, it comes at a time when Israel is facing challenges, including widespread protests, potential mass emigration, resignations in critical positions, and economic concerns. Netanyahu has sought to highlight the positive impact of this project on Israel's future during his recent trip to Greece and Cyprus, aiming to boost morale and reassure the public.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Infrastructure Energy

07 Nov 2025

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Equipment

07 Nov 2025

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..