Trump praises Israel’s economy

Sunday, December 10, 2006 |  by Staff Writer
Donald Trump, who plans on building the tallest building in Ramat Gan, Israel praised the country for its strong economic potential.

“Israel is one of my favorite places in the world, it is a great country,” Trump said in a videophone interview at the annual Globes Israel Business Conference in Tel Aviv. “I am a good businessman and I have tremendous confidence in the strength and potential of the Israeli economy, although I know the country has had to go through a lot in recent months.”

Trump has teamed up with Crescent Heights Investments to erect a 70-story luxury Trump Plaza Tower. He also hopes to construct another luxury hotel on a seaside cliff in Netanya.

“In real estate, everything is a matter of timing,” said Donald Trump Jr., the Trump organization's vice president, who also took part in the videophone interview together with his sister Ivanka.

Ivanka Trump and Trump Jr. are expected to visit Israel in the coming months to see the progress of their projects.

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