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Minister of Finance: NIS 110 billion will be invested in infrastructure
Avigdor Lieberman announces that "immediately after the budget is approved" a huge sum will be invested in infrastructure, which, according to the Treasury, reflects the priorities of the current government.
Almost half of the amount will be raised from the private market.
Some of the projects that will be promoted are those that were launched during the previous governments
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Infrastructure
Avigdor Lieberman
The light rail in Gush Dan
Gush Dan Metro
Road 2
Road 20
Sonia Gorodisky
Sunday, 24 October 2021, 16:03 Updated: 16:24
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Finance Minister Avigdor Lieberman announced today that "immediately after the budget is approved, we are going to release a large amount of 26 projects in the field of infrastructure, transportation, water, and energy amounting to NIS 110 billion, not including the metro. About NIS 50 billion will be funded by the private market (PPP). - SG).
"If we released the first PPP project 20 years ago, now we will release NIS 50 billion in projects here for the private sector - this should bring further impetus to the Israeli economy, which will allow the economy to grow, and bring more employment."
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Minister of Finance, Avigdor Lieberman: Promises an investment of NIS 110 billion in 26 infrastructure projects (Photo: Reuven Castro)
Objective: To develop efficient public transportation
The Accountant General of the Treasury, Yahli Rotenberg, has listed the infrastructure projects, some of which are already in the tender / financial closing stages. According to him, projects worth NIS 50 billion will be invested in transportation, including projects some of which began during previous governments and are already in progress: the Green Line in Gush Dan, which is expected to start operating in 2027, the Purple Line in Gush Dan, other lines in Jerusalem. Blue + purple) and freeways on roads 2 and 20.
About NIS 5 billion will be invested in the fields of energy and water - projects in the field of photovoltaics (solar facilities) in Ashalim and Dimona, the construction of a desalination plant in the Western Galilee and more. It was also stated that the state will invest about NIS 9 billion in IDF construction projects - the construction of the intelligence complex and a wide horizon.
According to the Accountant General, "Because of the relatively long period of time it takes to carry out such projects, we are constantly working on the pipeline of projects. Today it takes less time to carry out the infrastructure projects than in the past.
Over time the market here has grown unusually, we We have learned to transfer the projects to the private sector, while we enjoy the benefits, and know as a government to differentiate what we need to do through the state budget and what through the private sector, both in terms of economic viability and in terms of service. "
The Ministry of Finance emphasizes that such large-scale investment in infrastructure, and especially in transportation, reflects the current government's preferences - to develop efficient public transportation over investing in private cars and road construction.
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