Israel’s Finance Minister Eliozer Kaplan this week-end announced that $5,000,000 of the new loan which Israel expects to get from the United States will be invested in the development of “Nogev ninorals.”
A company to develop natural resources in the Negov is now being established. The management includes Major General Yaacov Dori, former Army Chief of Staff and new head of the Sciontific Board at the Promier’s office; Ossip Blumonfeld, prosident Weizmann’s brother-in-law and director of several French chonical firms; and representatives of Israel’s Treasury Department and of the Jewish Ageney.
The Planning Branch of the Premier’s Office has a plan for construction of a large harbor in the southern part of Israel near Migdal Gad, it is reported in Daver, pro-government daily newspaper.
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