Home Archive 31/December/2015 10:40 AM

Palestine, Turkey Sign Blueprint for Establishing Jenin Industrial Zone

RAMALLAH, May 27, 2014 (WAFA) – Minister of Economy Jawad Naji and visiting Chairman of the Federation of Chambers of Commerce of Turkey, Rif’at Oghlou, signed Tuesday a master plan to establish the industrial zone of Jenin.

During the signing ceremony, which was attended by President Mahmoud Abbas, Naji said the undertaking Turkish company will shortly embark on laying the basic internal infrastructure of the industrial zone, while the external infrastructure will be implemented by the Industrial Estates Authority under funding from the German government.

Highlighting the importance and job prospects of the new project, Naji said the soon-to-be-opened industrial zone, to be based in the northern West Bank city of Jenin, will create around five thousand direct job opportunities, in addition to 15 thousand indirect jobs which will finally live up to the increasing demands of the Palestinian labor market.

He added that compensation was reimbursed to the owners of the land where the project will be implemented.

M.N./T.R.

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