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Two New Towns Will Be Built in Palestine; Film Industry to Be Developed in Nathanya

December 18, 1946
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Two new towns will shortly be built near Nathanya, it was announced at a meeting of Jewish municipality heads here. The towns, one of which will be established by British Zionists, will extend over thousands of acres of J.N.F. land and will eventually be joined with Nathanya to form a vast Jewish center along the shore of the Sharon district.

It was also announced that preparations have been completed for the erection of a huge paper factory at Nathanya, which will be directed by experts from Italy. A large film industry which will employ thousands is also to be developed there. Capital for both enterprises has already been raised.

According to a report from Hungary, the property bequeathed to the city of Tel Aviv by the late J.J. Elek, a prominent Budapest Jewish industrialist, will total nearly $4,000,000.

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