An eight-member delegation of Israeli industrialists will arrive in the United States next Monday for a nationwide tour designed to acquaint American businessmen with investment possibilities in the Jewish State, the Israel Office of Information announced here today.
The Israelis will split up into three groups to cover 22 principal cities in the U.S. and Canada. They will also detail a new $300,000,000 four-year industrial expansion program just released by the Israel Ministry of Commerce and Industry. The plan, which makes provision for private investment in 600 individual enterprises is expected to double Israel’s annual manufacturing output and increase its labor force by one-third.
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