Jerusalem inaugurates renewed Har Hotzvim Hi-Tech Park, projects it will generate 10,000 new jobs
"It is an investment in thousands of employees, leading companies and the next generation of Jerusalem’s high-tech entrepreneurs," said Jerusalem Mayor Moshe Lion.
Jerusalem has officially opened a revamped Har Hotzvim Hi-Tech Park, a vital technology and innovation hub, in a significant investment that promises to bring over 10,000 new jobs to the city. The project, a NIS 44 million redevelopment effort spanning six years, encompassed extensive infrastructure improvements and public services throughout the park, as announced by the Jerusalem Development Authority (JDA) and the Jerusalem Municipality.
Mayor Moshe Lion emphasized that this investment transcends mere roadwork and public spaces, highlighting its focus on nurturing thousands of employees, attracting leading companies, and cultivating the next generation of high-tech entrepreneurs. The park spans 450,000 square meters and is set for expansion to 800,000 square meters, aiming to accommodate more than 25,000 employees from both Israeli and international firms, including key players like Intel, Mobileye, Medtronic, and Elbit Systems.
The renovations prioritized new roads, sidewalks, enhanced parking facilities, advanced lighting systems, and a comprehensive upgrade of public areas. This includes the installation of sophisticated security systems, new landscaped seating areas, wooden decks, improved landscaping around the central plaza, and an upgraded waste management system replacing traditional waste containers. The park now boasts food trucks, set to commence operations soon, catering to the growing influx of visitors and employees.
Zachi Namir, CEO of JDA, underscored that such infrastructure investments are crucial in fostering Jerusalem's status as an innovation hub, a provider of high-quality employment, and a magnet for young talent. The expansion of the hi-tech sector is anticipated to generate more jobs, stimulate economic activity, and offer new opportunities for residents, solidifying Har Hotzvim's role as a cornerstone of Jerusalem's economy for years to come.
Written by urgent.news from Jerusalem Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
