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Israel Firm Gets Gibraltar Contract for Large-scale Construction

February 26, 1963
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Solel Boneh, the construction firm of the Histadrut, the Israel labor federation, has been awarded through its subsidiary in Cyprus a large-scale contract for the construction in Gibraltar of various projects, including military installations, it was announced here today by Simcha Golan, a spokesman for the firm. He noted that Gibraltar will be the eleventh country where Solel Boneh has been awarded contracts.

Mr. Golan disclosed that French and German financial firms had promised to back Solel Boneh if it is awarded a contract to build a $30, 000, 000 hospital in a country “in this region, ” which he declined to name.

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