A significant step in the economic development of the northern region was recorded with the signing of an agreement to establish a joint management for the Hof Carmel-Zikhron Yaakov employment zone. The move marks a transition from the planning stage to the implementation stage of one of the largest projects in the region, based on cooperation between local authorities and a broad regional perspective for the long term.
Moving from planning to execution
The Hof HaCarmel Regional Council, the Zichron Yaakov Local Council, and the Hof HaCarmel Economic Company signed an agreement to establish the directorate, which will lead the development and management of the joint employment zone. This is a key step aimed at creating a single professional body that will coordinate all activities and enable efficient progress to the implementation phase.
A large-scale complex with diverse uses
The employment area is planned on an area of approximately 503 dunams, in a strategic location between Highway 4 and the railway, south of the “Moll Zichron” complex and north of Kibbutz Maayan Zvi.
The complex will include approximately 545 square meters of employment and commercial space, and will combine industry, offices, financial services, entertainment and leisure complexes, restaurants and cafes, alongside knowledge-intensive industry.
In addition, a new train station is planned to be built nearby, which will improve accessibility and make the area particularly attractive for businesses and workers.
Regional growth engine
Upon completion, the project is expected to generate approximately 60 million shekels in property tax revenue annually for the partnering authorities. Furthermore, it is intended to increase the supply of jobs in the area and strengthen the local economy.
Collaboration that expands opportunities
Alongside Hof Carmel and Zikhron Yaakov, Paradise and Jisr a-Zarqa are also partners in the initiative and are expected to benefit from revenue sharing. This cooperation reflects a broad regional approach, which aims to reduce economic gaps and create new employment opportunities.
Co-Director: One Stop Shop for Entrepreneurs
At the heart of the agreement is the establishment of a joint management company that will be managed by the Hof Carmel Economic Company and will serve as a single address for the developers. The management will be responsible for promoting the project, coordinating between all parties, supporting developers, and marketing the plots as the development work progresses.
This is a move designed to create a professional management infrastructure for a complex, multi-partner project, while improving efficiency and accelerating processes.
Assif Isaac, Head of the Hof HaCarmel Regional Council"The establishment of the joint directorate is a crucial step in the transition from planning to implementation. This is a model of regional cooperation that creates real value – not only for each authority separately, but for the entire region. This employment area will be a significant growth engine for residents, businesses and the next generation."
Eli Abutbul, Head of the Zikhron Yaakov Local Council"Cooperation between the authorities is key to success. The joint directorate will enable professional, efficient and coordinated management of the project, and will help realize the great economic potential of the region for the benefit of all residents."
Shlomi Langer, CEO of the Hof Carmel Economic Company"The establishment of the directorate expresses a shared commitment to quality, efficient and transparent management, and constitutes a necessary condition for the project to be implemented."
Looking ahead
The establishment of the joint directorate marks a new phase in the project, which is expected to impact the employment map in the north. If it meets expectations, the complex could become a major regional hub for employment, commerce and leisure, changing the face of the local economy in the coming years.
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I don't know all the honorable gentlemen, but only one of them, and that's enough to cast doubt on the publication... The man is issuing too many disappointments in Atlit, after having extracted billions from it only from building and development permits, taking most of them for projects outside Atlit, and the 120-year-old settlement looks like a neglected development town 😡, he is working in the Ministry of the Interior to remove Atlit from the regional council (out of genuine demographic concerns that will cause the council to not belong only to the settlements and kibbutz of the above)
How can there not be at least five women in this group? A picture of only men. This is appropriate for the last century. Shame.
mmm…