government approved the establishment of 6 new factories in the south
Posted on Dec 2, 2018 by Ifi Reporter - Dan Bielski
The Industrial Land Administration of the Ministry of Economy approved the establishment of six new factories in Dimona, Arad, Netivot and Yeruham with a total investment of NIS 170 million, which will provide employment for 313 new workers and employees
Minister of Economy and Industry, Eli Cohen: "The opening of factories and companies is a top priority for the Ministry of Economy and Industry, and assists in providing grants from the Investment Authority and the Authority for Innovation and works to help industry and businesses remove barriers and facilitate regulation"
The Industrial Zone Administration in the Ministry of Economics, announces that at the beginning of the third quarter of 2018, the marketing of plots for entrepreneurs in industrial areas in the far periphery continues the upward trend, which is recorded throughout the year. The allocations committee in the Ministry of Economy approved the establishment of 6 industrial plants, covering a total area of 56 dunams.
Data from the Regional Development Administration indicate an increase in the pace of marketing plots, which indicates a momentum in the development of industry in Israel: the establishment of new factories, the expansion of existing factories, the transfer of factories from the center of the country to Development Area A (where they are entitled to benefits under the Encouragement of Capital Investments Law) Of buildings from rented buildings to permanent structures in industrial zones.
According to the ILA, as of the beginning of the fourth quarter of 2018, industrial zone management has been marketing about 56 dunams for the construction of 6 industrial and manufacturing plants.
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