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Full coverage· Economy· Updated

Rafael Defense Firm Expands Haifa High-Tech Park Presence

The Rafael defense technology company is expanding its operations in Haifa by leasing an additional 4,000 square meters in the city's Science and High-Tech Park for 32 million shekels over five years.

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Rafael Defense Firm Expands Haifa High-Tech Park Presence
Illustration by baba

What happened

  1. 01Rafael defense firm leased an additional 4,000 sq. m. in Haifa's Science and High-Tech Park.
  2. 02The new five-year lease agreement is valued at approximately 32 million shekels.
  3. 03Rafael's total leased space in the park will reach 10,000 sq. m. after expansion.
  4. 04The combined value of Rafael's two lease agreements in the park totals 77 million shekels.
  5. 05The Haifa Science and High-Tech Park is a major development for technology companies and advanced manufacturing.

This brings Rafael's total leased space in the park to 10,000 square meters, with a combined contract value of 77 million shekels. The expansion is part of a larger development project in Haifa aimed at hosting technology companies and advanced manufacturing.

Translated and summarized by baba from NEWSru Israel, the latest report. Read NEWSru Israel’s original

The coverage

2 newsrooms on this story

Who covered it

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  • HarediNone
  • ArabNone
  • Other2

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