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Preparations for Construction of Haifa Shipyard Reported Completed

Final technical preparations for the construction of the Haifa shipyard, in which Netherlands shipyard experts will assist, have been completed and bids will be issued to local contractors within two months, it was reported today, N. Shamir and Y. Levertovsky, members of the management of the projected shipyard, also reported that the Dutch experts have […]

May 18, 1960
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Final technical preparations for the construction of the Haifa shipyard, in which Netherlands shipyard experts will assist, have been completed and bids will be issued to local contractors within two months, it was reported today,

N. Shamir and Y. Levertovsky, members of the management of the projected shipyard, also reported that the Dutch experts have been in Israel for three weeks in helping to complete the initial technical phases.

The shipyard will be built in three stages, the first involving an investment of about $10, 000, 000 with almost 10, 000. 000 pounds already having been made available for the project. Negotiations for a $5,000, 000 loan are near a successful conclusion with The Netherlands Government, the two management officials said,

The shipyard is expected to be ready in mid-1961 to repair ships of all sizes and possibly to build vessels up to 10, 000 tons. The first step will be an effort to earn income by repairing ships coming to Haifa. Construction of three ships annually will be the second objective. The goal for such construction capacity is the middle of 1962. In five years, the shipyard is expected to have two ways on which capacity to build vessels up to 30,000 tons will be available.

The Dutch experts have reported that excellent shipyard engineers are available in Israel but that workers for the project will have to be trained. Facilities will be provided for such training at a technical school maintained by the Dutch shipyard. Other facilities will be offered by foreign experts who will remain in Israel.

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