Historic Settlement Milestone: Massive Umbrella Agreement Signed for Ariel
Finance Minister Bezalel Smotrich and Prime Minister Benjamin Netanyahu signed a massive umbrella agreement to add 18,000 housing units in Ariel.
Finance Minister Bezalel Smotrich reached a historic agreement today, securing the signatures of all government ministries, including Prime Minister Benjamin Netanyahu, on a massive umbrella agreement for the city of Ariel.
Expanding Settlement Infrastructure
Under the agreement, approximately 18,000 new housing units will be added to the city. This significant step provides a tremendous boost to the urban and demographic development of the capital of Samaria, making it only the second umbrella agreement signed in Judea and Samaria after Maale Adumim.
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Expansion of new neighborhoods: Massive construction of modern housing units to meet growing demand.
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Strengthening older neighborhoods: Massive investment in upgrading public spaces, infrastructure, and public buildings.
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Consolidating Ariel's status: Strengthening the city as a prosperous metropolis.
Ariel Mayor Yair Shtaboun commented on the milestone:
The final approval of the umbrella agreement is a true historic milestone in the world of settlement. The agreement will allow us to realize the immense economic potential and provide our residents with top-tier education, community, and leisure institutions.
The agreement includes an infrastructure package exceeding 3 billion shekels and aims to grow the city from 22,000 residents to approximately 80,000 residents, with a vision of reaching 100,000 residents.
