Pres. Peres inaugurates the joint Jewish-Arab Nazareth Industrial Park

President of the State of Israel, Shimon Peres, speaks at the inauguration ceremony of the new Nazareth Industrial Park; "Stef Wertheimer, this enterprise is the greatest declaration of Jewish-Arab relations ever, because it is not only words." Nazareth, Israel. 23-April-2013. The new Stef Wertheimer Industrial Park, a model of joint Jewish-Arab entrepreneurship, built with an investment of $20 million, the 18,000 square meters complex is expected to provide 1,000 jobs and strengthen the local economy.