Jerusalem and Mevaseret Zion to build a joint technology park and hotels


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The Jerusalem Municipality and the Mevaseret Zion Local Council announced today that they will build a high-tech industrial zone and hotels covering 450,000 square meters of abandoned quarry on the southwestern border of Mevaseret. “The goal is to transform Jerusalem and the Mevsert Zion area into a pioneer in this field in Israel,” a joint statement said. Globes understands that for the plan to move forward, the ILA will have to re-divide the land, having previously planned to create a residential neighborhood in an abandoned quarry. Related Articles 900 homes in Mevaseret approved despite local opposition The Jerusalem Municipality has said the Jerusalem Development Authority (JDA) will promote, implement and administer the area after its construction. Revenues from municipal fees and improvement fees will be divided equally between Jerusalem and Mevaseret Zion. Jerusalem Mayor Moshe Lion said: “The unique industrial zone in which we are currently moving forward with the Mevaseret Zion Local Council is big news for the residents of the entire Jerusalem District. The district will provide additional work options for all residents of the area. It will be a magnet for Israeli high technology. The Jerusalem Municipality will continue Working to strengthen employment and cooperation centers for the benefit of all residents of the city of Jerusalem and the entire Jerusalem area.The Mayor of Mevaseret Tzion Yoram Shimon said, “The cooperation between the local council in Mevaseret Tzion and the Jerusalem municipality is indeed good news for the metropolitan area of ​​Jerusalem, especially for the residents of Mevaseret Tzion. Since taking office, I’ve been increasing commercial areas and developing offices in the city in order to increase local council revenue and that’s what’s happening, allowing us to provide a greater and higher quality of services to the city’s residents. Mevaseret Zion and make Mevaseret Zion economically independent. Published by Globes, Israel business news – en.globes.co.il – June 1, 2021 © Copyright Globes Publisher Itonut (1983) Ltd. 2021


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