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Article: Investment Center grants up 29% last year

Article from:
Jerusalem Post
Article date:
February 16, 2005
Author:
Copyright

DANIEL KENNEMER
Jerusalem Post
02-16-2005
Headline: Investment Center grants up 29% last year
Byline: DANIEL KENNEMER
Edition; Daily
Section: Economics
Page: 17

Wednesday, February 16, 2005 -- The Industry, Trade and Labor Ministry's Investment Center gave 29 percent more grants to enterprises in 2004 than in the previous year, ministry Director-General Ra'anan Dinor said Tuesday. Nonetheless, the total value of the grants was 11% lower.

Dinor listed three factors that influenced the activity of the Investment Center in 2004: the beginning of "an awakening" of investment in the economy as a whole, which brought more requests, further large-scale reduction in the center's assistance budget and ...

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