Agreement was reached here yesterday between Israel and the De Schelde firm, Dutch shipyard builders, for the construction of a shipbuilding and repair yard at Haifa.
The contract for the project, involving an initial $20,000,000 capital investment, was officially signed in the presence of Israel’s Ambassador to The Hague, Chanan Cidor; John Hupkes, director general of the Schelde firm and Jacob Libertowski, director general of Israel Shipyards, Ltd.
The contract provides for a twelve-year period during which Dutch engineers, administrators and technicians will participate in the direction of the enterprise.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
