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«Hevrat Hashmal» give the state 16 sites in the center of the country in exchange for debt relief

The Ministry of Finance, Land management, tel-Aviv municipality and the Israeli electric company («Hevrat Hashmal») was signed on Wednesday, January 3, agreement on repayment of debt of the company in the amount of 2.5 billion shekels in exchange for 16 objects of real estate in the center of the country that are not used for electricity production.

In particular, will be demolished a few buildings «Hevrat Hashmal» in the area of reading and in the complex-on the site which will be built homes and Parking lots.

One of the objects will be built a new yacht docked in tel Aviv, and the demolition of one building will expand the interchange and Shalom on the Ayalon highway.

Will also be released for construction sites in Eilat and Jerusalem.

«Hevrat Hashmal» give the state 16 sites in the center of the country in exchange for debt relief 04.01.2018

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