Since 1989, the high-tech area of Yokneam has been a "National Priority A Area", which entitles approved enterprises to the highest level of tax benefits and investment grants available. According to Ministry of Economy web site (in Hebrew) at http://www.moital.gov.il/CmsTamat/Ishuvim, this status will remain valid at least until Dec. 31, 2017 for both new facilities and expansion of existing ones. 

Check the Ministry of Economy and Industry web site (http://www.investinisrael.gov.il/BusinessInIsrael/Pages/Investment_incentives.aspx) for information on what Investment Grants and Tax Incentive programs, and the R&D Grant programs companies in a National Priority A Area are eligible for :