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20 Million USD Investments and 365 direct Jobs , PIPA discuss 17 investment projects

April 18th, PIPA’s BoD no. 86 and second meeting in 2018 held in PIPA premises chaired by H.E. Abeer OUDEH, and discussed 17 new, Development Investment projects and Plans to develop exiting projects, 7 of the project granted incentives according to the Encouragement of Investment Law and its amendments, and the Incentive contract packages, approved investments accumulated 12 M USD and will generates 323 direct jobs in Industry, Tourism, Agriculture and Renewable Energy sectors. Projects geographically distributed in the governorate of (Ramallah and ALbiereh, Hebron, Jericho and Tulkarem) and PIPA registered foreign investments amounted 1.3%, and registered investment represents 8% and development of current investments 32% of the investments granted incentives.

And it worth to mention that PIPA’s BoD discussed the discussed strengthening industrial sector and reduce obstacles facing investors in line with PIPA goals and the Palestinian governments plans inspired by the vision of mobilizing efforts toward increasing the location of Palestine as attractive destination to invest and do business with.