Articles > Newspapers > International Newspapers, Major Markets > Jerusalem Post articles > May 1997

Article: Investment Center squanders grant money

Article from:
Jerusalem Post
Article date:
May 8, 1997
Author:
Copyright

DAVID HARRIS
Jerusalem Post
05-08-1997
The Investment Center of the Industry and Trade Ministry fails to thoroughly check requests for capital investment aid, the comptroller found.

There are lengthy delays between Investment Center discussions of grant bids and their eventual approval. The center does not budget efficiently, and probably awarded grants to companies that were less deserving than those that were rejected. The report was especially critical of the way the center processed the application of the US computer giant Intel, which is making the largest ever investment in Israel by a foreign company (See Page 12).

The principal role of the Investment Center is to approve and ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Police intends to recommend Olmert be charged in ...
Xinhua News Agency;  March 5, 2009 ;     591 words ... ... Olmert be charged in "Investment Center " affair JERUSALEM ... for his role in the "Investment Center" affair, local daily The Jerusalem Post reported. The scandal ... police, Olmert used the Investment Center to allocate large state ...

Article: Investment Center grants up 29% last year
Jerusalem Post;  February 16, 2005 ;     469 words ... ... KENNEMER Jerusalem Post 02-16-2005 Headline: Investment Center grants up ... Ministry's Investment Center gave 29 percent ... budget. The Investment Center's activities ... Copyright 2005 Jerusalem Post. All Rights ...

Article: Investment center lacks funding for 400 projects
Jerusalem Post;  February 21, 2007 ;     467 words ...AVI KRAWITZ Jerusalem Post 02-21-2007 Headline: Investment center lacks funding ... through the Investment Center as a means of ... one for the Investment Center," said Hezi ... Copyright 2007 Jerusalem Post. All Rights ...

Article: We have the evidence in Investment Center affair to ...
Jerusalem Post;  March 6, 2009 ;     700+ words ... ... this report. Jerusalem Post 03-06-2009 ... evidence in Investment Center affair to charge ... YAAKOV LAPPIN, Jerusalem Post staff contributed ... in both the Investment Center and the Talansky ... Mizrahi told The Jerusalem Post. In the Talansky ...

Article: Investment Center approves Intel grant
Jerusalem Post;  November 15, 2005 ;     360 words ...AVI KRAWITZ Jerusalem Post 11-15-2005 Headline: Investment Center approves Intel grant Byline: AVI KRAWITZ Edition; Daily Section ... currently has 5,400 employees in Israel. Keywords: Copyright 2005 Jerusalem Post. All Rights Reserved

Article: Investment center head: Firms must use grants ...
Jerusalem Post;  August 22, 1995 ;     261 words ...JOSE ROSENFELD Jerusalem Post 08-22-1995 INDUSTRY and Trade Ministry Investment Center Director Moshe Dovrat yesterday warned that firms which ... stretched out over a 10-year period. Copyright 1995 Jerusalem Post. All Rights Reserved

Article: Investment Center approves more projects
Jerusalem Post;  May 21, 1998 ;     291 words ...NINA GILBERT Jerusalem Post 05-21-1998 The number of projects ... the Industry and Trade Ministry's Investment Center totaled 126 in the first third of ... was available. Copyright 1998 Jerusalem Post. All Rights Reserved

Article: Investment Center: Top aid for Tower 20%
Jerusalem Post;  February 13, 1998 ;     371 words ...NINA GILBERT Jerusalem Post 02-13-1998 Tower Semiconductor ... percent grant for the project, Investment Center director David Baruch said yesterday ... services already exist. Copyright 1998 Jerusalem Post. All Rights Reserved

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives