send to a friend by email

The modified investment promotion law focuses on supporting all the productive sectors in Palestine

2014-03-11

The Palestinian Minister of National Economy; Dr. Jawad Naji said that the modified investment promotion law that was lately approved by the Council of Ministries and forwarded to the President for approval, focuses on supporting all the productive sectors in Palestine, in addition to projects that increase employment and exporting or using local resources, besides paying particular attention to the industrial, agricultural, tourism and promising sectors and projects that follow the best standards of environmental conservation and using of alternative energy resources. Naji emphasized that the modifications on the law will provide extensive packages of incentives to local and foreign investors- including tax and non-tax incentives-  which will contribute in supporting the investment decision and developing the existing investments, in addition to promoting investment in Palestine in a better way.