(photo credit: PR)
The government has decided in favor of marking consumer products under price
supervision, and will soon put forward a bill on the matter, Industry, Trade and
Labor Minister Shalom Simhom told the Knesset Economics Committee
Responding to MK Robert Tiviaev, who asked why his own bill on
the marking of supervised products had not been brought to a vote, Simhon said
that the relevant law already exists, and all that was needed now was for his
ministry to compile the list of products under supervision.
referred to plans to boost employment in the Galilee and the Negev, saying that
the next government grant for IT giant Intel must be conditional on its
commitment to constructing a production plant in the north. “Making Intel invest
NIS 20 billion is no trivial matter, and it will add 2,000 new jobs in the
north,” he said.
The minister’s comments follow reports that Intel is
planning to build a new semiconductor chip production plant in Ireland instead
of expanding its existing Fab 28 in the southern Israeli town of Kiryat Gat.
Intel said last June that it would need a $600 million grant from Israel’s
Investment Promotion Center if it is to upgrade Fab 28.
world’s largest manufacturer of semiconductor chips, operates six development
and manufacturing centers in Israel, including two plants in Kiryat
It also plans to invest $15m. over the next five years in a
collaborative research institute in the country.
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