German government is paying 25 million euro to finance an industrial area in Jenin, reveals PA minister of finance

Official PA TV Financial News

Official PA TV newsreader: “Palestinian [PA] Minister of Finance Khaled Ossaili welcomed [Turkish President Recep Tayyip] Erdogan’s approval to allow a Turkish company to develop the industrial area in Jenin. The cost of establishing the internal infrastructure in the industrial area is estimated at $10 million, and it will be funded by the Turkish government. The German government and GIZ Germany (German Corporation for International Cooperation) are funding the establishment of the first stage of the industrial area, which is already being carried out, at a cost of 25 million euro.”