Economics

The direct and related Tourism & Travel activities resulting from the expected development, including government investment in the required infrastructure, will be approximately 3.3% of the country’s GDP. Considering all added elements described that are required to support 10 to 12 million tourists annually, the added contribution to the Jerusalem and Israeli Economy is expected to be US$ 0.178 rising to 1.65 billion.

The added value to the overall country economy is assumed to be US$ 7.2 billion per year, and the accumulated added value for year 2050 is expected to be US$ 35 billion.

Political and economic interests are expected to align with the overall strategy to bring a significant increase in tourism to the region and the management of a negotiated financial outcome acceptable to all regional partners.