DUN'S 100 - 2016

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Construction & Real Estate
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2016 | DUN’S 100 DUN’S 100 | 2016
DUN’S 100 | 2016 2016 | DUN’S 100
11 Construction, Development & Infrastructure
RANK
Moriah Jerusalem Development Com-
pany Ltd. is the main executing entity
of Jerusalem’s Municipality and the
inistry of Transport and is one of the leading
municipal companies in Israel. Moriah, which is
a municipal subsidiary, is responsible for man-
aging and implementing large infrastructure
development ventures and for promoting the
construction of the city’s main public buildings.
Moriah also acts as the executing entity of the
Israel Land Authority in developing new neigh-
borhoods, and of the Jerusalem Development
Authority, and Eden, in promoting projects in
urban centers. The company’s vision is to be a
leading and sustainable agency which promotes
the planning and implementation of complex
infrastructure projects in Jerusalem. Moriah is
an economic company, implementing economic
projects for Jerusalem’s Municipality in support
of residents’ welfare. Through these projects,
Moriah demonstrates its ability to formprofitable
business plans and provide external financing
as required.
The volume of the company’s exceptional op-
erations is expected to cross the NIS 1 billion
threshold annually in the coming years, with
management of over 300 projects in Jerusa-
lem. Moriah’s Chairman is Mayor Nir Barkat
and the company is headed by CEO Doron Noi-
wirt, aided by VP CFO Itamar Ben-Meir CPA, VP
Business Development Eli Shmuelyan and VP
Engineering Yoel Even.
Moriah’s main projects include:
City Entrance Project (Shazar): an exceptionally
large project, which includes the development
and construction of a new business quarter
at the city’s entrance, that is expected to be-
come one of Israel’s most prominent business
quarters in several years with an investment
of NIS 1.4 billion, covering 53 acres, an area
five times the Azrieli Towers. The new business
quarter will add 50,000 new jobs to the capi-
tal. In order to promote the overall project, Mo-
riah has set up a new administration – “Shazar
administration”.
Moriah is also promoting completion of the
largest transport project carried out in Jerusa-
lem in recent years – Begin Highway South Ex-
tension (Highway 50). A combined project of
the Transport Ministry and Jerusalem Munici-
pality, Begin is the city’s main highway. It en-
ables drivers to cross the city in a traffic lights
free highway, something that has significantly
improved traffic flow from north to south and
south to north, as well as throughout Jerusa-
lem. The highway is now open from Highway
443 southwards to Malkah and onto Gilo. Upon
completion, Begin Highway will connect to the
Tunnels Highway (Highway 60). The Begin
South project was chosen by the Association
of Engineers for Infrastructures Construction as
the “Infrastructure Project of Excellence 2015.”
This project joins several other transport infra-
structure development projects implemented
in the east of the city.
Moriah also manages large infrastructure work
which will be built on the Light Rail’s Green
and Blue Lines, will open in the coming years,
and is also implementing extension of the ex-
isting Red Line.
Another domain Moriah is responsible for is
the field of Urban Renewal in Jerusalem, which
is rapidly gaining ground as a result of Mayor
Nir Barkat’s policies. In order to promote urban
renewal, Moriah set up the Urban Renewal Ad-
ministration, designated to increase the sup-
ply of residential units in Jerusalem, to improve
the safety and endurance of buildings, and to
provide solutions for young couples, as well as
to renew neighborhoods throughout the city.
In addition, Moriah continues to promote the
construction of the Israel International Sports
Complex in Jerusalem. After completing the
construction of the Jerusalem Hapayis Arena
and Teddy Stadium’s South Stand, which in-
creased the stadium’s total capacity to 31,500
seats, Moriah is currently planning an Olympic
swimming pool adjacent to the Payis Arena,
which will complete the International Sports
Complex. Moriah is leading Barkat’s plans to
build new infrastructures and fill shortages in
classrooms and educational buildings. Maya
Immanuel Tor, who heads the Educational
Buildings Administration, will be responsible
from promoting projects to upgrading the city’s
educational system.
Moriah is also responsible for Solar Energy.
The company has so far built 200 installations
on top of public buildings to produce renew-
able and clean energy and in 2016 projects
will expand to take advantage of other roof-
tops, including the rooves of Teddy Stadium
and Payis Jerusalem Arena.
Moriah CEO Doron Noiwirt, “With the encour-
agement and push from Mayor Nir Barkat, the
company’s chairman, and close work with City
CEO Amnon Merhav, Moriah has become the
main implementation arm of the Municipal-
ity and Transport Ministry by the promotion
and implementation of transport infrastruc-
ture projects and construction of main public
buildings”.
Noiwirt added, “The budgets and resources
from government ministries and the Jerusalem
Municipality provide us with the backing to
operate on a large scale and in full energies,
hundreds of major important projects for Je-
rusalem. Moriah sees it as a privilege to work
and to promote the development of Jerusalem,
across all company sectors. The company,
management and employees jointly, consider
themselves committed to the promotion of
physical and transport infrastructures in Jeru-
salem for the welfare of all its residents”.
Moriah Jerusalem Development Company Ltd.
Esta b l i s h e d
1986
L i n e o f B u s i ness
Managing, Planning and
Implementing Building and
Infrastructure Projects for the
Development of Jerusalem
MORIAH
The JerusalemDevelopmentCo.
2 Safra Sq., P.O.B. 1258,
Jerusalem 9414109
Tel: 972-2-6297616
Fax: 972-2-6297539
Doron Noiwirt
CEO *
Yoel Even
Chief of Engineering *
Eli Shmuelyan
Chief of Business
Development *
Nir Barkat
Chairman and Mayor of
Jerusalem
Itamar Ben-Meir
Deputy CEO and CFO *
* See Top Executives Profiles - Page 582