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Investment Projects Aimed at Improving Tourist Facilities

May 25, 1973
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The Ministry of Tourism announced yesterday that it would seek to interest foreign businessmen attending the Prime Minister’s Economic Conference here next month in a variety of investment projects aimed at improving Israel’s tourist facilities. The Ministry also announced a series of economy package tours next winter which it said would be the cheapest in Israel’s history. The prices are subject to agreement by foreign carriers.

Hanoch Givton, director general of the Ministry, said the investment projects were aimed at building ancillary tourist facilities such as recreation areas and sports facilities rather than new hotels. He said that hotel construction is expected to catch up with demand within a few years. Givton noted that over a dozen sites around the country have been selected for the new projects which include a yacht basin and beach clubs in the vicinity of Netanya, and a riding club, golf course, tennis courts and camping sites in the Judaean hills.

Givton said that the proposed package tours for the winter slack season would include a 10-day tour from the United States for between $500-$550 which is about $120 less than any tours that were available last winter. He said the tours would be available between Oct. 15-Feb. 28.

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