Canadian Fund Invests $124.5 Million in Ashkelon Semiconductor Plant
Summarized from Haaretz English by baba
The Canadian-Israeli investment fund Awz and Nadav B. Logistics are buying land in Ashkelon, southern Israel, for 400 million shekels ($124.5 million). They plan to build semiconductor factories focused on communications and photonics, as well as a deep-tech research center.
The story in 5 lines · by baba
- Awz and Nadav B. Logistics are buying land in Ashkelon for 400 million shekels.
- The investment fund Awz is Canadian-Israeli.
- The companies plan to build semiconductor factories.
- The factories will focus on communications and photonics.
- A deep-tech research center is also planned.
Haaretz English publishes in English. The key points are summarized above. Read Haaretz English’s full report from the link at the top of the page.
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