Israel announces 433 billion shekel infrastructure plan

Israel will invest 433 billion shekels ($120.93 billion) in infrastructure over the course of four years, the prime minister's office said on Sunday. The government said the plan would increase labour productivity and reduce disparities in the workforce.

Israel announces 433 billion shekel infrastructure plan
Representative Image Image Credit: ANI
  • Country:
  • Israel

Israel will invest 433 billion shekels ($120.93 billion) in infrastructure over the course of four years, the prime minister's office said on Sunday.

The government said the plan would increase labour productivity and reduce disparities in the workforce. "Infrastructure development is one of the most important and central generators of economic growth for the Israeli economy," said Yossi Shelli, director general of the prime minister's office.

The government will invest in the energy sector, public transportation, education, healthcare, security and the environment, according to the plan.

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