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Haifa Completes Subway Building Plan; Swiss Firm Seeks Concession

March 26, 1952
See Original Daily Bulletin From This Date

Plans for the building of a subway from Mount Carmel to the lower section of Haifa were completed here today by the municipality in collaboration with a Swiss company.

The carrying out of the project will cost approximately $2,500,000. The Swiss company is prepared to finance the building of the subway provided that the city gives the company a 40-year concession. The project requires approval of the government.

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