European companies to build Palestinian industrial complexes

Sources in the Siemens company stated that the company plans to participate in setting up a factory in the Palestinian industrial complex which will be established in Gaza.

Thus, the list of international companies that negotiated with the Palestinian government to set up factories includes Peugeot, Volkswagen and Siemens. Another industrial complex will be set up in the West Bank.

Meanwhile, the Israeli government declared its intention to transfer $7.5 million to Palestine, the last installment of Israeli participation in the reconstruction of Palestine. This comes within the agreement reached between Palestine and the donating countries after signing the Oslo Agreement.