GAZA, March 9 (KUNA) -- The Islamic Development Bank (IDB) said Saturday it
began financing of new reconstruction projects in Gaza strip.
In a statement, IDB said it made the annoucement in its capacity as
"manager of the projects of the GCC program for the reconstruction of Gaza."
It said the new bundle of reconstruction projects would be estimated at USD
"The value of current projects of the GCC program amount to a total of USD
367.1 million," it added.
These projects, it went on, were carried out in all sectors damaged by the
Israeli aggression on Gaza late in 2008.
Regional coordinator of IDB projects in Gaza Engineer Refaat Diab said the
new bundle included reconstruction of housing units with a value of USD 42.5
Diab said IDB financed the renovation of the laboratory building in the
Islamic University, Ghazi Al-Shawa School in Bein Hanoon, north Gaza,
educational facilities as well as building six schools for refugee camps.
He said the IDB was also providing generators for hospitals in Gaza, as
well as buiding an ambulance center, a slaughter house and allocated USD four
million for social care. (end)
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