Economy
The development of Mitzpe Ramon was adversely affected by the opening of Route 90 in the late 1960s. After the inauguration of this highway, traffic to and from Eilat bypassed Mitzpe Ramon almost entirely. However, growing interest in ecotourism, Jeep trekking (access to Nabatean ruins), mountain biking and hiking, and the upgrading of Route 40, which is considered a more scenic route to Eilat, have improved the economy.
Jerusalem Marble, a major supplier and overseas exporter of Jerusalem stone established in 1923, inaugurated a new, state-of-the-art factory in Mitzpe Ramon in January 2000.
Mitzpe Ramon has six hotels and dozens of bed and breakfast establishments. In 2011, the Isrotel hotel chain opened a luxury hotel, the Beresheet Hotel, in Mitzpe Ramon.
The Tourism Ministry has allocated NIS 9.5 million for infrastructure development in Mitzpe Ramon, and the Ministry for the Development of the Negev and Galilee financed the construction of a landing strip for light aircraft.
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Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)