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9 USDM and 427 direct jobs through 7 projects approved by PIPA

 

PIPA’s BoD meeting no. 79 and second meeting in 2017 chaired by H.E. Abeer OUDEH approved granting incentives for 7 projects with total capital of 9 million USD in the sectors of (Industry, Agriculture and Information technology)  this project will generate 427 direct jobs, PIPA’s BoD approved the criteria’s to grant incentives to export activities that exports more than 40% of its produce and criteria for developing existing investments; three of the approved projects was granted the incentives due their export activities and three of them on the criteria of developing existing investment and one of them in Agriculture sector, and it’s worth to share that one of the projects is totally foreign investment, this efforts in harmonize with PIPA’s goals to increase the competitiveness of Palestine as destination for investment and export hub for services and products.