Updated By: LatestGKGS Desk
India-Palestine Techno Park Agreement for IT hub in Palestine
President Pranab Mukherjee signed India-Palestine Techno Park agreement in Ramallah, Palestine
President Pranab Mukherjee has signed an agreement with Palestine for setting up Techno Park in Ramallah.
President Pranab Mukherjee has visited Palestine last week and both the countries had taken the decision for India-Palestine Techno Park.
India will be granting $12 million to be paid as $3 million half-yearly for 2 years and the land will be granted by Palestine for the project.
The Techno Park will serve as IT hub for Palestine with providing all facilities and offer solution for all IT based requirements.
IT Techno park will also provide state of art technology and to host IT companies and foreign companies, universities etc.
This project will also create job opportunities for the people and also create business opportunities in Palestine.
India had earlier decided to support Palestine and for this only this agreement is signed.