Jerusalem – Africa Israel Announces No Building Beyond The Green Line; Says It’s Not Economically Viable

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    A labourer stands on an apartment building under construction in a Jewish settlement known to Israelis as Har Homa and to Palestinians as Jabal Abu Ghneim, in an area of the West Bank on October 28, 2014. REUTERSIsrael – In a surprise twist on Sunday during his announcement of lucrative expansion projects in central and West Jerusalem, the CEO for Africa Israel Residences said that the company will not be building “beyond the Green Line.”

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    YNETNEWS.com (http://bit.ly/1028ABW) reports that CEO Oren Hold offered up no other details for the decision, but insiders speculate that the call was made due to political pressure and increasing security concerns in Jerusalem, as well as the worldwide boycott which has plagued the company over its past history of building beyond the Green Line.

    Sources say the decision will affect Africa Israel construction affiliates like Danya Cebus, which have built in East Jerusalem in the past, and that they will not be active in potential new projects in Pisgat Ze’ev, Har Homa, Gilo and Ramot.


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    Adddd
    Adddd
    9 years ago

    So is it wrong to blame him for the things he dows

    InsideOne
    InsideOne
    9 years ago

    Nice to see someone in Israel making decisions based on the reality of the world and not messianic delusions.