Israel Seeks $30, 000, 000 Loan from World Bank for Road Construction
Menu JTA Search

Israel Seeks $30, 000, 000 Loan from World Bank for Road Construction

Download PDF for this date

Israeli Treasury officials have contacted the international Development Agency, a subsidiary of the World Bank in Washington, for a $30,000, 000 loan for road construction, it was reported here today.

The road project, to cost a total of $150, 000, 000 over a period of five years, covers a plan for widening, improving and extending the country’s six major highways to care for increasing volumes of traffic on the roads. Included are the Tel Aviv-Haifa road, the Tel Aviv-Jerusalem highway, and routes to Beersheba, the Negev and the southern port of Eilat.

Founding Funders

The digitization of the JTA Archive would not have been possible without the generous support of the following donors:
  • The Gottesman Fund
  • Righteous Persons Foundation
  • Charles H. Revson Foundation
  • Elisa Spungen Bildner and Robert Bildner, in honor of Norma Spungen
  • George S. Blumenthal
  • Grace and Scott Offen Charitable Fund