Israel Approves New International Airport Project

8 July 2010 (Last Updated July 8th, 2010 18:30)

The Israeli Government has approved a proposal to build a new international airport in Timna at a cost of ILS1.7bn ($437m), which will take three years to complete. The government also approved a year-long detailed planning process for the facility, which will cost ILS56m ($14m), to be

The Israeli Government has approved a proposal to build a new international airport in Timna at a cost of ILS1.7bn ($437m), which will take three years to complete.

The government also approved a year-long detailed planning process for the facility, which will cost ILS56m ($14m), to be financed by the Israel Airports Authority.

The tender for the planning will be completed in September, according to Globes Online.

The new airport is expected to replace an existing airport in Eilat.