The Israeli Occupation Authorities (IOA) have recently approved the construction of thousands of new housing units in the settlement of Ma’ale Adumim seven kilometers (4.3 miles) east of occupied Jerusalem Israeli media sources revealed.
The comprehensive agreement signed last week by the Israeli Construction and Housing Ministry and the Ma’ale Adumin Municipality permits construction to begin on 470 units that have already been given government approval and adds an additional 20000 units to be built under the agreement pending government approval.
In addition to the new housing units public and educational institutions will also be established and will include synagogues schools parks community centers and sports arenas.
The agreement seeks to build housing and commercial spaces in 15 compounds across the settlement to be marketed by 2025.
The total budget for the plan has been set at 2.8 billion shekels ($756000000). The Israeli municipality will finance the construction of public institutions while the Israeli government will allocate 190 million shekels to the municipality for renovations.