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Zionist media: Israel’s construction industry is on the verge of collapse

PNN – The Zionist newspaper “Yediot Aharnot” announced the complete stagnation of the construction sector of the Zionist regime after the invasion of the Gaza Strip.

According to the report of Pakistan News Network, citing Yediot Aharnot, the construction sector of the Zionist regime has faced a sharp decrease in investment after the Gaza war, and is witnessing a severe shortage of labor supply.

According to this media, in order to manage and overcome this crisis, the Cabinet of the Zionist regime has received a proposal from the Ministry of Transport of this regime to provide 10 thousand foreign workers from Sri Lanka.

The Gaza war has crushed the economy of the Zionist regime

According to “Yediot Aharnot” newspaper, “Zoika David”, the vice president of the “Boni Ha’aretz” contracting association, says: since October 7, 2023, the contractors of the construction sector had almost no workers.

He adds: Israeli workers were sent to war in this sector and a large part of engineering equipment and machines were also sent to the war fronts.

The vice president of the “Bonnie Ha’aretz” contractor association continues: Now the construction sector has become a trap for contractors, we are operating without the ability to manage and plan to deal with the threats created by the war.

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He says: We ask the government to wake up and see the collapse of the construction sector, we have received reports that hundreds of contractors in this sector are on the verge of bankruptcy.

An unprecedented crisis and threat to the economy of the Zionist regime

According to this report, the executive director of the Institute for Encouragement and Development of the Construction Industry of the Zionist regime also says: Since the beginning of the war, the activities in the construction sector were completely stopped for several weeks, and now, with a shortage of 100 thousand workers, the activities are carried out in a partial way.

“David Yahami” adds: “This unprecedented crisis threatens not only the construction industry but the entire Israeli economy, as the revenues of this sector have decreased by billions of dollars.”

Yahami says: The construction industry is not an independent industry, but it is the driving engine of the economy, and to save it, we need a strategic action to prevent further collapse through comprehensive and emergency aid.

Earlier, “Reuters” news agency reported in this regard, quoting the Zionist Statistics Department: The initial estimate indicates a 19.4 percent fall in the Israeli economy in the last quarter of 2023 as a result of the Gaza war.

The Center for Internal Security Research of the Zionist regime had announced that the continuation of the war will have long-term consequences on the economy of this regime, and the Ministry of Finance of this regime has also made predictions in this regard.

In this regard, Amir Yaron, the head of the Central Bank of Israel, in a message to the prime minister of this regime, warned about the complexity of the economic crisis caused by the Gaza war for the occupying regime.

Emphasizing that the Gaza war has dealt a big blow to the economy of the Zionist regime, he said: This war will cost Israel more than expected and will put pressure on the budget.

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