RAMALLAH, Thursday, December 5, 2019 (WAFA) – The Government of India released the third financial tranche for the construction of the Palestine-India Techno Park, said the Representative Office of India in a press release today.

Representative of India Sunil Kumar released the third tranche of funding, worth USD $3 million, to Chairman of the Board of Directors Abdul Latif Abu Hijleh during a ceremony at Birzeit University.

Speaking at the event, Kumar underlined the Government and People of India’s unwavering support to Palestine and described the Palestine-India Techno Park as another major icon of Indo-Palestinian partnership and friendship, assuring that India will continue to support and partner with Palestine in its capacity building efforts in all fields.

For his part, Abu Hijleh highly valued Government of India’s support and commitment to providing the infrastructure necessary for establishing the Palestine-India Techno Park, adding that the Techno Park project is a national project that will serve various Palestinian sectors and will constitute Palestine’s launching pad to the IT markets in the region and the world.

It is worth noting that within the framework of India’s partnership with Palestine’s developmental endeavors, the Palestine-India Techno Park was announced in 2016 as a bilateral assistance project, with the aim to create the suitable environment for startups, research and development and innovation initiatives, in addition to establishing a national infrastructure that supports technology clusters that operate successfully on local, regional and global levels.

K.F.