Skip to main content

Russia ready to fund Palestinian industrial zone

Palestinian Prime Minister Mohammad Shtayyeh discussed with the Russian ambassador the possibility of establishing an industrial zone in Nablus in light of Palestine’s ongoing efforts to promote its local economy and disengage from Israel.

GettyImages-525444494.jpg
General view of Nablus, West Bank, Feb. 23, 2015. — NurPhoto/NurPhoto via Getty Images

GAZA CITY, Gaza Strip — The new Palestinian government continues to pursue its plan to economically disengage from Israel by improving Palestinian industries and local products, establishing new industrial cities in the Palestinian governorates and developing existing industrial zones.

The government has brought into play a plan it calls “industrial clusters” in order to promote comprehensive economic planning, which aims to take advantage of the competitive advantages of each Palestinian governorate and strengthen those advantages in economic terms. 

Related Topics

Subscribe for unlimited access

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more

$14 monthly or $100 annually ($8.33/month)
OR

Continue reading this article for free

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more.

By signing up, you agree to Al-Monitor’s Terms and Conditions and Privacy Policy. Already have an account? Log in