History
In the 1920s, several kibbutzim were established in the Bat Galim neighborhood on Haifa Bay in the wake of British Mandatory budgeting for development of the area. With the coast of Palestine lacking a modern harbor, the British authorities drew up plans for new port facilities. The Haifa Bay Development Company, founded in February 1925 to further these plans, could not recruit the necessary capital, so the transaction was made by the Palestine Land Development Company. The land was purchased from the Sursock family, which had bought it from the Ottoman government in 1872. The 45,000 dunam tract was known as the Jidro lands. The company also acquired a 99-year concession for an additional 12,000 dunams of adjoining land, bringing the total area to 57,000. The land changed hands several times due to financial difficulties, eventually becoming the property of the Bayside Land Company, established in cooperation with the Jewish National Fund. In 1928, the company commissioned Patrick Abercrombie to draw up a development plan.
In 1934, the Phoenicia glass factory was established in Haifa Bay. The company moved to Yeruham in 1968, and is still operating today.
Read more about this topic: Haifa Bay
Famous quotes containing the word history:
“There is a history in all men’s lives,
Figuring the natures of the times deceased,
The which observed, a man may prophesy,
With a near aim, of the main chance of things
As yet not come to life.”
—William Shakespeare (1564–1616)
“I think that Richard Nixon will go down in history as a true folk hero, who struck a vital blow to the whole diseased concept of the revered image and gave the American virtue of irreverence and skepticism back to the people.”
—William Burroughs (b. 1914)
“History, as an entirety, could only exist in the eyes of an observer outside it and outside the world. History only exists, in the final analysis, for God.”
—Albert Camus (1913–1960)