AMPAL–American Israel Corporation will invest $10,000,000 in Israel this year in the first phase of a $50,000,000 investment program to be carried out over the next five to ten years, Abraham Dickenstein, president of AMPAL, announced today.
Mr. Dickenstein told a meeting of the AMPAL Board that this year’s investments would be in expansion of the productive capacity of major industrial exporters, in construction of upper and middle-income apartment houses, and in purchase of heavy equipment for Israel’s largest construction company.
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.
