An-Najah News - An agreement amounting to $1,000,000 to support the implementation and Capacity Development of the Economic Empowerment Fund of the Palestinian People Program was signed today by the director of the United Nations Office for Project Services (UNOPS), Tokumitsu Kobayashi, and president of the Islamic Development Bank (IsDB), Bandar Hajjar.

The release said “This will be done by developing the required infrastructure including strategic plans and operating manuals to develop its activities and ensure its financial sustainability,”.

The key activities of the  program will include conducting market feasibility studies, economic and sectoral studies as well as designing the operating model, products and developing a detailed business plan for the targeted entity.

UNOPS Director Tokumitsu Kobayashi said “We are pleased that the IsDB in Palestine trusts our wealth of experience in this area of service to contribute to the efficient implementation of the project financed by IsDB,’.