$21 million US for developing basic Palestinian infrastructure

The Palestinian economic council agreed on the third stage of the basic infrastructure projects for the villages and cities located in the Palestinian Authority's self-rule areas at a total cost of nearly $21 million that includes 17 cities in the West Bank and Gaza Strip.

Six regional and international organizations-- the Arab Development Fund (Kuwaiti), the World Bank, OAPEC fund, the Canadian fund, the European Investment Bank, and the donor countries like the USA, France, the UK and Germany-- will contribute toward financing another 180 Palestinian projects.

The cost of these projects is $85 million, while implementing the projects of the third stage will take three years.