Prosperity and the long road to peace

Bainerman, Joel
March 2004
Middle East;Mar2004, Issue 343, p42
A German-born multi-billionaire believes instituting commercial joint ventures in the Middle East could bring peace and prosperity to Arabs and Jews. For decades, 77 year old German-born Sref Wertheimer has been preaching to Israeli government officials of the need to convert Israel's economy into a more export-oriented one, which thrives on entrepreneurial skills, rather than sinking financial resources in to tanks and the latest high tech military gadgets. Billed as a "Marshall Plan" for the Middle East, the scheme is based on the same model Wertheimer used when he established Tefen, a industrial park attached to a residential village with a good services and facilities as well as jobs, production, exports, and education for the inhabitants, Israeli Jewish, Israeli Arab and Palestinian.


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