Cabinet approves new NIS 1.6b Eilat int'l airport

The Timna airport is projected to handle 1.5 million passengers a year, 90% of whom will be domestic passengers.

The cabinet today approved construction of a new international airport for Eilat at Timna at a cost NIS 1.6 billion. The airport will replace the resort town's current airport, and will end civilian use of the airport at the Ovda Air Force Base.

The moving of Eilat's airport will free land for tourism, commerce, and housing. The new airport will take three years to build, and is projected to handle 1.5 million passengers a year, 90% of whom will be domestic passengers.

Published by Globes [online], Israel business news - www.globes-online.com - on July 24, 2011

© Copyright of Globes Publisher Itonut (1983) Ltd. 2011

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