The investment is part of a five years plan to provide applied research services, basic know-how and model testing of coastal and marine structures and facilities
 
Israel Ports Development & Assets Company Ltd. (IPC) announced last week a decision made by it's board to invest NIS7 million in the Coastal and Marine Engineering Research Institute - CAMERI.
 
The investment is part of a five years plan aimed at improving the institute and put it on equal footing with similar institutes in other western countries.
 
CAMERI operates as a business company, which belongs to the Technion - Israel Institute of Technology and to IPC. The Board of Directors of CAMERI includes representatives form the Technion and from the Israel Ports Company.
 
The main objectives of CAMERI are to provide applied research services, basic know-how and model testing of coastal and marine structures and facilities; and to advance knowledge and technological expertise in the various disciplines of marine engineering.
 
Yiftach Ron-Tal, IPC's Chairman of the Board, said that planning and development of marine infrastructures is of national importance. He added that basic and applied research projects in areas of coastal and marine engineering must be maintained at a high level due to the massive development in the Israeli port industry in the future.
 
Shlomo Brieman, IPC’s CEO, said that the five years plan is also focused on the education and training of engineers and scientists in the field.