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16 février 2011 3 16 /02 /février /2011 00:55

 

EU funds Gaza private sector reconstruction
Published today 11:19
 
JERUSALEM (Ma'an) -- The EU made a third payment to the Gaza reconstruction fund administered by the Palestinian Authority on Monday, a statement from the body's representative office in Jerusalem said.

The €1.2 million contribution, the statement said, is part of a €22 million package for the first large-scale initiative in support of the private sector in the Gaza Strip.

Cash goes to support private sector businesses that were destroyed or damaged during Israel's last offensive on Gaza. Organizer say it targets businesses that need to restore damaged assets necessary for production. The statement said funded items include machinery, office furniture and equipment, as well as building and business premises material.

"The ultimate objective is to revitalize the economic activity in Gaza, and provide for sustainable livelihoods for its people," the statement said.

 
 
 
http://www.maannews.net/eng/ViewDetails.aspx?ID=360165

 

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