Two new Israeli firms have begun building homes in Turkey, it was announced here today. In addition, the Ministry of Trade has granted licenses for the importation of some $600,000 worth of Israeli cement and other building supplies.
Wolfberg Udassin Company, one Israeli construction company, has just signed a $2,000,000 contract to build a block of apartment houses containing 1,000 apartments. Yesodot Binyamin Company will build, in cooperation with local contractors, two-story homes in the suburbs of Istanbul.
The granting of licenses for the importation of Israeli building materials is seen as a positive sign for Israel-Turkish trade prospects, because the Trade Ministry is granting very few import licenses these days.
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.
