1 Day
Source:
وكالة صدى نيوز
Operations of West Bank real estate sector
According to Sada News, the report highlights the challenges faced by the contracting and real estate development sector in northern West Bank. Increasing pressures are evident due to settlement escalation and land confiscations, along with restrictions on construction and a decline in economic activity. Despite available areas for development, weaknesses in infrastructure and high licensing costs hinder investment. Moreover, financing and outstanding government dues remain major obstacles. The report emphasizes that building in Palestine is not solely for commercial purposes; it is also a means to stabilize the population on their land and protect territories from settlement expansion. It underscores the need to adopt national policies to stimulate the real estate sector and promote sustainable development in vulnerable areas.
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