Foreign Investment Increasing But Still More To Do
June 2008 | Economic AnalysisWhile we expect economic conditions in the Palestinian territories to remain extremely difficult going forward, in line with our downbeat view of the political situation, we are encouraged by ongoing efforts to encourage foreign investment and boost the private sector. Indeed recent months have seen a flurry of foreign investment activity, focused around the territories' first ever investment conference, a three day event that was held in Bethlehem at the end of May. The conference was organised and ran by the Palestinian Investment Fund (PIF), the region's US$850mn sovereign wealth fund, an organisation that has spearheaded recent efforts to attract
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