# Intel confirms $5 billion investment to expand Kiryat Gat plant in Israel

Intel confirmed plans to invest $5 billion to expand its Kiryat Gat production plant in Israel through 2020, with a government grant of NIS 700 million and potential for additional grants.

- Type: Investment
- Announced: 2018-05-15
- Where: Kiryat Gat, Israel, Israel
- Value: $5.00B
- Jobs: 250
- Starts operating: 2020
- Status: announced
- Products: semiconductor chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Intel](https://endata.com/companies/21062.md)

## Sources

- [timesofisrael.com](https://www.timesofisrael.com/intel-green-lights-5-billion-investment-in-israel-plant/), 2018-05-15: "Intel on Tuesday confirmed plans to invest $5 billion into expanding its Kiryat Gat production plant, through 2020."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.