Dr. Emanuel Neumann, member of the Jewish Agency executive, Jerusalem section, leaves for Israel tomorrow to reorganize the Agency’s economic department in Jerusalem and to confer with Israel Government leaders on plans for further stimulating the flow of private investment capital into Israel.
Two weeks ago Dr. Neumann and Mrs. Rose Halprin, member of the executive in New York, were named co-chairmen of the economic department and charged with joint direction of the work of the department’s offices in New York and Jerusalem and with increasing its over-all services to potential private investors in Israel’s economy.
“Maximum efficiency calls for integration of the department’s work in Jerusalem and in New York,” Dr. Neumann said here today, “and closest coordination of this work with that of Israel Government departments working in the same field. One of my primary objectives in Israel will be to promote such coordination.
“Additionally, we will examine possibilities for extending the work of the economic department to Europe and other areas of the world and we plan to confer with government officials on further methods for attracting private foreign capital into Israel’s growing economy. I intend also to look into the question of facilitating technical and professional immigration into Israel, insofar as this question involves economic problems. “
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