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February 25, 1994 - Image 36

Resource type:
Text
Publication:
The Detroit Jewish News, 1994-02-25

Disclaimer: Computer generated plain text may have errors. Read more about this.

DRIVING page 35

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The Trowbridge. We'm confident you'll go with the best. Write or call (313)352-0208.

•Spacious, elegant apartments •Flexible transportation service
*Restaurant style dining nightly •24-hour concierge
•Weekly housekeeping service •Valet parking
•Snack shoppe
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•Full activities & events calendar •Full service hair salon

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The road, 100 meters wide in
this central section, would cut a
formidable swath through scores
of rural communities and have
a drastic impact on their lives,
even though no houses lie in the
path of the right of way. Some
15,000 dunams in all would
have to be expropriated in this
stretch, says Levy, including
tracts up to 700 dunams for in-
dividual interchanges.
The planners propose rezon-
ing areas alongside the high-
way to permit residents, many
of them farmers, to develop
commercial properties or sell
land for industrial parks.
"The road will be more than
a transportation tool," says
Levy. "It will be a tremendous
lever for the orderly economic
development of all the areas it
passes through."
Prof. Elisha Efrat, a Tel Aviv
University geographer, believes
that the Cross-Israel Highway
will be a blight on the landscape
and undo one of the basic
premises of Israeli physical
-planning.

"The road will create an in-
evitable pull to the east and de-
stroy what we have tried all
these years to do: limit the
growth of the Tel Aviv metro-
politan area."
It will, he says, cut through
75 rural communities, separat-
ing many farmers from their
fields. The amount of land to
be expropriated, says Efrat, will
be 25,000 dunams, not 15,000,
and large tracts of farmland
spared by the road itself will be
transformed into shopping
malls and industrial parks.
An alternative to the new
highway already exists, says
Efrat, a former senior govern-
ment planner. " If the Coastal
Road and the Petah Tikva-
Hadera Road are widened and
interchanges built, they would
have the same added capacity
as Route No. 6."
When future demand war-
rants, says Efrat, Route No. 6
can be built but as a conven-
tional road with two lanes in ei-
ther direction. ❑
Jerusalem Post

British Businessmen
Want To Bid on Projects

A group of British industrial-
ists and businessmen told Is-
rael Transportation Minister
Yisrael Kessar they are inter-
ested in bidding on several large
transportation infrastructure
projects.
The 15-member group, led by
British Transportation Minis-
ter Lord Mackay, expressed in-
terest in Ben-Gurion Airport's
new terminal, the Carmel Tun-
nel in Haifa and Tel Aviv's sub-
urban railway system.

Kessar told reporters the
British also showed interest in
shipping projects.
Mackay told Kessar he will
also be visiting Akaba to inter-
est Jordan in creating a joint in-
ternational airport with Israel
in the Eilat/Akaba area.
The group, which includes
representatives from ABB,
AEG and Westinghouse, will be
visiting Eilat, Haifa and Tel
Aviv to examine the country's
transportation facilities.

LEADING ISRAELI STOCKS
TRADED ON U.S. EXCHANGES

Symbol Name

Exchange

Feb.11

Feb.18

SCIXF

Scitex

NASDAQ

'27.88

'26.25

ECILF

ECI Telecom

NASDAQ

'27.38

'26.50

TEVIY

Teva Pharm

NASDAQ

'32.50

'31.75

I EC

PEC Israel

NYSE

'34.38

'31.50

ELBTF

Elba Computers

NASDAQ

'37.50

'35.50

ELT

Elscint LTD

NYSE

'4.38

'4.00

ELRNF

Elron Electronics

NASDAQ

'17.25

'16.38

TAD

Tadiran

NYSE

'22.63

'21.50

CMVT

Comverse

NASDAQ

'13.63

'13.75

LANTF

Lannet Data

NASDAQ

'11.63

'10.13

ISL

First Israel Fund NYSE

'18.50

'17.50

Change
-1.63

-'0.75

+s0.13

Source: Allen °lender, Prudential Securities,
West Bloomfield.

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