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$100m Canadian Loan Will Be Used to Improve Rail Service

April 6, 1972
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Part of the $100 million Canadian loan to Israel will be used to improve rail service between Haifa and Tel Aviv, Transport Minister Shimon Peres disclosed here on his return from a visit to the US, Canada and Latin America. He said the money would be used to purchase self-propelled coaches to provide hourly service between Israel’s two largest cities and would considerably shorten the travel time. He said he hoped the new service could be started in 1973.

Peres said that another portion of the Canadian loan would be used to build new passenger and cargo terminals at Lydda Airport. The passenger terminal will be built of pre-fabricated aluminum, concrete and glass sections imported from Canada. He said that if production schedules are met it should be in service next year when Israel starts the observance of its 25th anniversary.

The finals of the 13th annual Bible contest will be April 30 at the High School of Art and Design in New York City.

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