Israel earmarks financial allocations for building hotels in OJ

30/03/2011 – 07:00 PM

NAZARETH, (PIC)– The Israeli ministry of tourism announced its intention to allocate huge financial sums of money for the sake of constructing new hotels in occupied Jerusalem.

Stas Misezhnikov, the Israeli minister of tourism, said on Wednesday while participating in the international tourism conference that he was planning to restructure his ministry.

He said that among his plans was earmarking sums of money for the sake of building those hotels and for developing tourism sites.

The minister said that his ministry reached an agreement with the finance ministry by which the latter would grant incentives for investors in the tourism sector.


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