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Economy09:39 · 56m ago

Israeli Government Approves 27 Million Shekel Plan to Boost Hotel Construction in West Bank

YnetCenter
Translated & summarized from Ynet by baba
The story · English

The Israeli government has approved a 27 million shekel plan aimed at accelerating hotel construction in the West Bank. The initiative includes removing planning barriers and providing grants to encourage the establishment of new hotels in the region.

The Ministry of Tourism will lead statutory planning efforts to develop hotel accommodation facilities and will undertake actions to enable the realization of rights or marketing of plots based on a mapping exercise conducted by the ministry. To support these efforts, seven million shekels will be allocated from the ministry's regular budget, distributed evenly from 2026 through 2030.

Additionally, the government approved the allocation of 20 million shekels from the ministry's development budget to provide grants for the construction, conversion, and expansion of hotel accommodation facilities in the area. This comprehensive approach aims to stimulate tourism infrastructure growth in Judea and Samaria.

Read the original at Ynet
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