Israel's $10 Billion Island Project Sparks European Interest
- Benelux companies have sent teams to gather information
- Project, first suggested 20 years ago, could take 10-15 years
Photographer: David Bank/Getty Images
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At least two Benelux companies have dispatched representatives to Israel in recent weeks to discuss a project to develop an airport offshore in the Mediterranean.
Jan de Nul Group of Luxembourg and Belgium’s Dredging Environmental & Marine Engineering NV have sent senior employees to discuss the project, according to Avi Simhon, head of the National Economic Council in the Israeli Prime Minister’s Office. Simhon estimated the project could cost about $10 billion and take 10-15 years to build.