India releases 3rd financial tranche for construction of Palestine-India Techno Park
At a ceremony organized at Birzeit University today, the Government of India released the third tranche for the construction of the Palestine-India Techno Park. Representative of India H.E. Mr. Sunil Kumar met with the Chairman of the Board of Directors of Palestine-India Techno-Park Dr. Abdul Latif Abu Hijleh and presented the Government of India’s financial assistance worth of USD$ 3 Million.
Speaking at the event, Representative of India underlined the Government and People of India’s unwavering support to Palestine and described the Palestine-India Techno Park as another major icon of Indo-Palestinian partnership and friendship, assuring that India will continue to support and partner with Palestine in its capacity building efforts in all fields.
Dr. Abuhijleh highly valued Government of India’s support and commitment to providing the infrastructure necessary for establishing the Palestine-India Techno Park, adding that the Techno Park project is a national project that will serve various Palestinian sectors and will constitute Palestine’s launching pad to the IT markets in the region and the world.
It is worth noting that within the framework of India’s partnership with Palestine’s developmental endeavors, the Palestine-India Techno Park was announced in 2016 as a bilateral assistance project, with the aim to create the suitable environment for startups, research and development and innovation initiatives, in addition to establishing a national infrastructure that supports technology clusters that operate successfully on local, regional and global levels.