TEL AVIV (Oct. 12)
A new deep water port will be constructed on the coast between Jaffa and Tel Aviv at an estimated cost of 12,000,000 pounds ($33,600,000), Tel Aviv Mayor Israel Rokach last night told the annual meeting of the Marine Trust Limited, which operates the port of Tel Aviv.
After considering three different sites, it was decided to adopt a plan which calls for the reclamation of a seaboard strip facing the Marshyia quarter, he reported. Besides the cost of construction of quays and breakwaters, it will be necessary to add another 8,000,000 pounds for reclamation of the marsh area. Mr. Rokach also reported that the port handled 301,000 tons of exports and imports during the first nine months of 1949.