$137 Million Allocated to Strengthen Northern Cities
Israel’s Ministry of Economy and Industry is launching a new strategic plan worth approximately 400 million Shekels ($137 million) to ...
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Jerusalem, 16 June, 2026 (TPS-IL) — Israel’s Ministry of Economy and Industry is launching a new strategic plan worth approximately 400 million Shekels ($137 million) to strengthen central cities and industrial areas in the North of Israel that have suffered during the ongoing attacks from Hezbollah.
The goal of the plan is to help the region become a hub of advanced and innovative industry, among other things, by creating quality jobs and improving productivity
The plan includes: Among other things, investments in implementing artificial intelligence tools and advanced robotics in industry, expansion and establishment of spatial industrial zones, promotion of businesses in core cities, establishment of infrastructure for the development and production of chips, investment grants for regional factories, and more.
At the same time, the ministry is operating several assistance programs worth hundreds of millions of shekels for businesses and industry located near the Lebanese border – 0-9 km and 0-2 km. At the same time, the ministry is operating several assistance programs worth hundreds of millions of shekels for businesses and industry located near the Lebanese border and in the Golan and Katzrin Regional Council.