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Article: Investment Center approves more projects
- Article from:
- Jerusalem Post
- Article date:
- May 21, 1998
- Author:
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NINA GILBERT
Jerusalem Post
05-21-1998
The number of projects approved for capital investment aid by the Industry and Trade Ministry's Investment Center totaled 126 in the first third of the year, a 32 percent increase from the same period last year, according to figures released by the center yesterday.
However, the value of the projects, $240 million, dropped 16%.
A center official said the aid, about NIS 1.8 billion a year, is going more toward smaller projects.
The proportion of start-up projects continued to rise in the beginning of this year. Most foreign ...