Belgian Industrialists to Make Investments in Israel’s Industry

Several joint Belgian-Israeli industrial enterprises are expected to be formed as a result of a visit here by a group of Belgian industrialists, headed by Pierre van der Est, president of the Belgian Steel Manufacturers Association.

Members of the delegation expressed themselves at a press conference as “deeply impressed” by the high levels of various industrial enterprises they have visited in Israel. Particularly, they said, they felt that Israel’s population has shown the type of “dynamism” which the Belgians consider an important factor in favor of Belgian investments here.

Approval by the Israel Ministry of Commerce and Industry of the establishment of a joint Belgian-Israel company to produce spinning and weaving equipment was announced here by Minister Pinhas Saphir. The Minister disclosed the decision at a luncheon in honor of the Belgian bankers and industrialists prior to their return to Belgium.

Meanwhile, an announcement was made today that the Queen Elizabeth Archaeological Institute, at the Hebrew University, will be opened officially March 31. The Institute has been established by Belgian Jewry in honor of their country’s Queen Mother. On April 1, another Belgian gift, the first museum of Nathanya, will be dedicated. A Belgian diamond industrialist, Romy Goldmans, donated that museum.

Within the next few months, the Belgian Ministry of Culture will send to Israel an exhibition of Belgian paintings of the 19th and 20th Centuries.

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