Sderot and Gaza Border Communities Factories Receive Helpful Economic Boost
Israel’s Ministry of Economy Investment Center has authorized a string of financial benefits for industrial plants, companies, and corporations in the town of Sderot and the “Gaza envelope” communities.
The financial benefits, totaling a NIS 20 million, include significant financial leniencies that are part of a strategic multi-year program for the development of Sderot and Gaza border communities that were hard hit by Hamas rockets during the recent summer war. Companies within 7 kilometers of the Gaza border that were financially hurt by the war are now permitted to delay financial obligations to the Investment Center and submit aid plans at a later date.
“We promised to take care of the residents of southern Israel and we are keeping that promise,” emphasized Economy Minister Naftali Bennett. “Business owners form the backbone of life in the region and we will continue to provide them with all the help they need to succeed, through the Investment Center, and with the aid of all the other bodies and relevant units at the Ministry of Economy.”