The Frishman Construction Company of Haifa signed today a contract to build two hotels and a bungalow development in three Turkish resort towns. The contract came to the equivalent of $1,000,000. Each hotel will have 36 rooms and there will be 125 rooms in the bungalow project.
The company, meanwhile, has established a local branch in Turkey, with an initial capitalization of the equivalent of $350,000. It is understood that the latest contract was offered to the company on instructions from Premier Adnan Menderes.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
