Will Gaza contractors be able to resolve their crisis?
The losses incurred in the construction sector in the Gaza Strip since 2007 have prompted the Palestinian Contractors Union to plan a September exhibition with the goal of promoting this sector; success in this endeavor, however, may hinge on the Palestinian Authority.
GAZA CITY, Gaza Strip — During his April 22 visit to the headquarters of the Felesteen newspaper in Gaza City, Osama Kahil, the head of the Palestinian Contractors Union in the Gaza Strip, said the union is organizing a conference and exhibition in Gaza City involving 400 Arab investors and contractors in order to open up new investment channels for Gazan contractors.
The Israeli siege, which has been ongoing since 2007, has caused the Gaza construction sector $60 million in losses and driven 50 companies out of the market.
