Cabinet set to approve Merom Plan to strengthen Jerusalem

May 29, 2011 10:43


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

The Cabinet on Sunday was expected to approve the multi-year Merom Plan to economically strengthen the capital through investment in the city's tourism and bio-technology industries, an official statement by the Prime Minister's Office said.

The two-pronged plan involves investment of NIS 145.5 million in strengthen Jerusalem as a tourist attraction, and another investment of NIS 71.4 mission in improving the city as a center of research, development and bio technology.

Additional funds to develop the city will be invested in the plan, whose budget will stand at nearly NIS 290 million for the period of 2011-2016.

The Tourism Ministry will also invest in Jerusalem, allocating NIS 75 million to boost hotel construction in the city.

Related Content

Breaking news
August 15, 2018
Greenblatt: Peace can only succeed if it is based on realities