Israel Opens New Industrial Park in Nazareth
Israel has opened a new groundbreaking industrial park in Nazareth to promote economic cooperation between the region’s diverse Jewish, Christian and Muslim citizens.
Nazareth, located in the Galilee region of Israel, is an ancient city that according to Christian scriptures was the childhood home of Jesus. Modern Nazareth has a predominately Arab-Israeli population, with a sizable Arab Christian minority.
“The industrial park project is the first of its kind in the Arab sector, and is meant to create a change in the city of Nazareth and in the nearby communities and will lead the industry in the region and contribute to employment in the area and the relations between Jews and Arabs,” Israeli Industry, Trade and Labor Minister Binyamin Ben-Elizer said at the park’s groundbreaking in 2010, Ynet reported.
The Nazareth Industrial Park is funded by billionaire Israeli industrialist Stef Wertheimer, who has built several successful industrial parks in Israel and even Turkey over the past few decades. Like the other parks, the Nazareth Industrial Park will be modeled on Wertheimer’s innovative Tefen Industrial Park, which is designed to bring together industrial, educational and cultural facilities all in one space to foster innovation, growth and peace.
The Nazareth industrial park is expected to attract several local and international businesses to the area. The American-based international telecommunications company Amdocs will be the first firm to operate there, Israel National News reported.