Ministry sets NIS 176m. aside for hotels

Some NIS 55.5m. was approved for new and expanded hotel facilities in Tiberias, while NIS 11m. will be directed to the expansion of a vacation village in the Golan Heights.

By NATHAN BURSTEIN
August 14, 2007 06:54

 
X

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

The Industry, Trade and Labor Ministry has approved a budget of NIS 176 million for the construction and expansion of hotels outside the center of the country, ministry officials announced Monday. The decision, reached following discussions with Tourism Ministry General Director Shaul Zemach, gave its largest allocation, NIS 105m., for guest facilities in the Negev, including NIS 70m. for the construction of a hotel and vacation village in Mitzpe Ramon. Some NIS 55.5m. was approved for new and expanded hotel facilities in Tiberias, while NIS 11m. will be directed to the expansion of a vacation village in the Golan Heights. The remainder of the budget will be allocated for the expansion of guest facilities in Eilat.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

El Al
August 16, 2014
The Travel Adviser: For El Al, mission accomplished

By MARK FELDMAN