Governmental sector's investment in fixed assets totals NIS 15.1 million
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Investments in Israel up 12.7% in 2010
Central Bureau of Statistics sees rise in investments in fixes assets, following 9.8% drop in 2009
Investments in fixed assets in Israeli industries – including non-residential construction, machinery, equipment, vehicles and assets – rose by 12.7% in 2010, following a 9.8% drop in 2009.
According to the Central Bureau of Statistics, investments in non-residential buildings and other construction work – including industrial structures, offices and roads – were up 2.6%, following a 4.9% drop.
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Investments in vehicles, deducting used cars sold to households, were up 29.7% after a 6.6% drop.
Factories investments in machinery and equipment were up 9.8% compared to a 19.2% drop in 2009. The investments in intangible assets, like software and gas and oil searches, were up 20.4% following a 7% rise in 2009.
Investments in infrastructures were down 6.8%. These investments include buildings, construction work and certain equipment in the transportation field – including ports, trains and roads, communication; energy – including electricity, oil and gas; water – including sewage and desalination; and development.
The governmental sector's gross local investment in fixed assets totaled NIS 15.1 billion (about $4.26 billion) in 2010, 15.3% of the total investment in fixed assets in the economy's industries that same year.
Fifteen percent of the governmental sector's total investments were directed at infrastructures, 56% at social services and 29% at administration and other services, sanitation services, safety and security, firefighting, etc.
The governmental sector's total gross local investment in fixed assets was up 8.9% following a 3% rise. The investment in infrastructure was down 0.9%, while the investment in social services – education, health and welfare – was up 12.7%.
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