The Gav-Yam Company, the Hebrew University, the Municipality of Jerusalem and the Jerusalem Development Authority have laid the Cornerstone for the Hi-Tech Park in the presence of the Mayor of Jerusalem, Mr. Moshe Lion; the CEO of the Gav-Yam Company, Mr. Avi Yakobovich; the President of the Hebrew University, Prof. Asher Cohen; the Chairman of the Planning and Budgeting Committee, Prof. Yaffa Zilbershats; the Chairman of the IDB Group, Mr. Eduardo Elsztain; the Chairman of the Gav Yam Company, Mr. Alejandro Elsztain (participated from afar via zoom); and the Director General of the Jerusalem Development Authority, Mr. Eyal Haimovsky.

For the first time in Israel, there is an industrial hi-tech park located within the campus of an academic institution. The Park will spread over thirty dunams and will include four buildings, an overall space of about 270 thousand sq.m. The Park will be constructed as an innovative and green park which meets the international standards of planning and environment, which include CLASS A buildings, with high LEED Standards, one of the most advanced among hi-tech parks in Israel.  The existence of the Park within the Hebrew University’s grounds will enable inclusion of students of the Hebrew University and alumni in the work of hi-tech already in the course of their studies.

The President of the Hebrew University, Prof. Asher Cohen, said: “This is a breakthrough, for the first time in Israel there is a huge commercial complex for advanced and innovative industries on a university campus. I am proud that the Hebrew University led with this line of thinking and unique accomplishment with the encourage of the Mayor of Jerusalem and the Jerusalem Development authority. This HUJI-TECH Park will enable research and daily scientific ties between the University’s researchers and the forefront of advanced industry in Israel.  Here students and alumni of the Hebrew University from the fields of engineering, exact sciences, computer sciences and data sciences as well as students from many additional fields will be able to study and work together. This step will lead and advance hi-tech industry in Jerusalem and provide many employment opportunities in Jerusalem. This Park has already stirred much interest among leading hi-tech companies as well as companies that are just starting out.  We anticipate that in a few short years thousands of employees, researchers and students will come to the Hebrew University everyday to work in the HUJI-TECH Park while based on breakthrough research generated on the Hebrew University’s campus".