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Planning Strategic Projects Will Revitalize National Palestinian Economy

Planning Strategic Projects Will Revitalize National Palestinian Economy

Sunday, 21 April, 2019 - 11:45
Israeli soldiers stand at the scene of attempted car ramming attack, in Hebron in the occupied West Bank June 2, 2018. REUTERS/Mussa Qawasma
Al-Khalil (Hebron) – Asharq Al-Awsat
Palestinian Authority (PA) Economy Minister Khaled Al-Assaily stressed the importance of outlining several strategic programs and projects to expand localization, create jobs and develop national production.

After meeting with Governor of Al-Khalil (Hebron), Jibrin al-Bakri and the Chamber of Commerce and Industry in the city, Al-Assaily noted the need to strengthen government initiative, implement enhancement measures, put citizens first.

He pointed out that “the revitalization of the Palestinian economy requires introducing promising investment projects and further support to the private sector,” which he labeled as the “main engine” of the Palestinian economy.”

Speaking about the PA’s orientation on developing the national industry, Al-Assaily mentioned a focus on investment and support for local production and maximizing exports-- all of which were cited as key factors for building a strong economy that meets the requirements of the Palestinian state

Governor al-Bakri, for his part, pointed to investment opportunities available in the province and the possibilities of making viable investments that benefit both the Palestinian economy and interested investors. This requires the design of strategic projects that respond to the economic reality in the governorate, especially the construction of industrial zones.

In a separate meeting, Al-Assaily discussed a number of issues related to the protection of national production and industry, maximizing exports and creating a balance in the market.

Head of Al-Khalil’s local Chamber of Commerce and Industry, Abdo Idris, said: "We look forward to arrangements and real trade exchange between provinces to achieve complementarity and keep up-to-date on developments and changes in the world, especially in the field of information technology.”

According to Idris, economic development will help chase away unemployment and poverty.

Al-Assaily, in a meeting with ministry workers, also listened to complaints and recommendations pertaining to services. He stressed the importance of employing creativity and excellence in upgrading services in various fields.

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