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Overview

China pledges support for Industrial Zone in Tarqumiya, Palestine

Commitment Year2017Country of ActivityWest Bank and Gaza StripSectorIndustry, Mining, ConstructionFlow TypeVague TBD

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2017
Start (planned)
Jan 1, 2020

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Implementing agencies

State-owned companies

  • Teda Investment Group Co., Ltd.

Loan desecription

China pledges support for Industrial Zone in Tarqumiya, Palestine

Narrative

Full Description

Project narrative

On December 5, 2017, Chinese Ambassador to Palestine, Chen Xingzhong, met with the chairman of the Hebron Chamber of Commerce and Industry, Mohammad Herbawi, and discussed the contribution of the Chinese government to the establishment of the industrial zone in Tarqumiya for the Palestine Tarqumiya Industrial Zone project (巴勒斯坦塔尔古米亚工业区规划项/فلسطين ترقوميا مشروع تخطيط المنطقة الصناعية الصين). On May 23rd, 2018, Guo Wei, Director of the Palestine Office, met with the Chinese on-site investigation team of the preparatory research for the planning project of the Tarqumiya Industrial Zone in Palestine. The inspection team introduced the inspection plan and stated that it will actively carry out inspection and research. Media sources report that the Chinese state-owned company Tianjin Teda Group Co. Ltd. will draw plans for the industrial zone in line with the Belt and Road Initiative. According to the source AMAD, implementation on the project in collaboration with China was scheduled to begin in 2020. The industrial zone will include a logistical area, a customs area for bonds, and a storage area.