28.12.2012                      15.Tewet. 5773

Wirtschaft:

ILA rewrites the map of priority zones for residential construction

Housing and finance ministries in pre-election jockeying over approval process.

Finance Minister Yuval Steinitz was said to have signed off Wednesday on a revised map of national priority areas, which provide tax concessions for those building residential property in the designated areas on long-term land leases from the Israel Lands Administration. The map, which was developed by the ILA, becomes official policy after it is returned to the agency. Among the locations accorded benefits are a number of Israeli Arab communities as well as West Bank Jewish settlements….