In line with Jerusalem: About a billion shekels will be invested in the economic development of the capital over the next five years.
The government is expected to approve today (Sunday), at its festive meeting in honor of the 55th anniversary of the unification of Jerusalem, a five-year plan for the development of high-tech and biotech industries in Jerusalem, strengthening academia and establishing tourism in the city.
The new five-year plan for the economic development of Jerusalem, "Lavie", led by the Ministry of Jerusalem and Heritage, will be implemented by the Jerusalem Development Authority between the years 2026-2022, and will operate growth engines to strengthen the Jerusalem economy.
Minister Elkin, who is serving a second term in the ministry, managed to bring about a significant increase in the government budget for the program, which will stand at about one billion shekels.
The Lavi program is the fourth five-year plan for the economic development of Jerusalem, and its goal is to strengthen Jerusalem's relative advantages in several areas.
More than NIS 240 million will be invested in the development of quality and advanced employment in the capital.
Emphasis will be placed on the high-tech and bio-tech industries, which can rely on the Shaare Zedek and Hadassah hospitals, and on the academic institutions and the medical school.
The Jerusalem and Heritage Ministry will establish an inter-ministerial team that will formulate a plan to strengthen the health systems in the city, expand the health professions in the academic institutions and develop the connection to the hundreds of high-tech and biotech companies located in the capital.
Increasing the government budget: Minister Elkin, Photo: Dudi Vaknin
Investment in academia
The program also includes an investment of NIS 70 million in the Jerusalem Academy, which will focus on increasing the number of male and female students studying technological subjects, strengthening the infrastructure in the city's academic institutions, and increasing the number of ultra-Orthodox students.
A budget of NIS 160 million will be transferred to the tourism industry, and more than NIS 125 million will be allocated for the benefit of improving the quality of life and urban development - such as the establishment of parks, cultural centers and bicycle paths.
As part of a collaboration between the Ministry of Defense, the Ministry of Finance and the Ministry of Jerusalem and Heritage, approximately NIS 350 million will be allocated for the transfer of IDF command and training colleges to Jerusalem. The move will take place in the coming years.
In addition, for the first time, NIS 10 million will be invested in establishing Jerusalem as a "government city", as well as in encouraging bodies and public companies that are in working contact with government ministries to move to Jerusalem, in order to create a government environment.
In line for beer
"We preserve Old Jerusalem as the capital of the eternal State of Israel, and march it to an innovative and progressive city for the 21st century," said the Minister of Construction and Housing, Jerusalem and Heritage, Zeev Elkin.
"We are bringing a line to the capital on a holiday. The plans and projects are currently leading the widest government investment since the establishment of the state," he added.
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