Categories: Economy

Revitalizing Western Negev Settlements: Tkuma Directorate Launches Restoration Project following Hamas Massacre with NIS 1.5 Billion Funding

The Tkuma Directorate has announced the launch of a project to restore the settlements in the Western Negev that were damaged during the Hamas massacre on October 7-8, 2023. The ten most affected communities will receive a total of NIS 1.5 billion for reconstruction, which is significantly higher than the normal compensation they would have received from the IRS.

The majority of this funding will be allocated to three settlements – Kfar Aza, Be’eri, and Nir Oz, where many buildings require demolition or major repairs. In addition to these three settlements, seven more – Nirim, Reim, Kerem Shalom, Ein HaShlosha, Cholit, Kisufim, and Nahal Oz – will receive tens of millions of shekels for restoration efforts. Each of the ten settlements will have control over the funds allocated to them and will make decisions regarding their recovery independently.

To ensure that funds are managed effectively and efficiently, Tkuma management has outlined two conditions for allocation. Firstly, settlements must sign a support agreement with a management company licensed by the Land Administration to assist with financial management, contracts, and design. Secondly

Samantha Johnson

As a content writer for newseaside.com, I craft engaging narratives and informative articles on a diverse range of topics. With a keen eye for detail and a passion for storytelling, I strive to create content that resonates with our readers and keeps them informed. From breaking news stories to in-depth features, I aim to deliver accurate, compelling, and thought-provoking content that captivates our audience. In my free time, you can find me exploring new writing techniques, sipping on a cup of coffee, or enjoying a good book by the seaside.

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