User:JAIPCO

== JERICHO AGRO-INDUSTRIAL PARK == OVERVIEW The Palestinian economy has demonstrated remarkable growth potential in the past few years, the stimulation of immediate economic recovery is supported by the Development of Palestinian exports as identified as the single most important long term growth engine of the Palestinian economy.

Introduction The establishment of an agro-Industrial Park as a national and regional project is fundamental to support the development of: the Palestinian economy, the stimulation of the Palestinian industrial production, and help raise the output of Palestinian raw material suppliers, and producers. JAIP aims to be a vital contributor to the acceleration of the Opera Palestinian GDP growth and create employment and income opportunities for the Palestinian people. Located in the heart of Middle East in the eastern edge of the Mediterranean Sea, Palestine enjoys preferential access to the European, US and Middle Eastern markets. The idea for Jericho Agro Industrial Park was conceived in 2006, and launched after signing a concession agreement between the Palestinian National Authority and Jericho for Development and Operation of the Agro Industrial Park Company (JAIP Co). Project main objective is to provide JAIP investors with state of the art hangars, land and logistics solutions. By disseminating knowledge, skills and innovation JAIP will contribute to the overall upgrading of the Palestinian industrial sector by handling high quality and high value-added Palestinian Industrial products, which have competitive advantages and the ability to penetrate regional and international markets. Location and Space: Jericho Agro Industrial Park is 7km away from King Hussein Bridge on the south of Jericho. The park will be developed through three phases. Phase one is developed on 140,000square/meter out of the total 1,115,000 square/meter. Phase two and phase three will be built on the rest of the planned area. The location is advantageous because of the proximity of the gulf markets where Jordan also ensures a gateway to the world leveraging PA signed free trade agreements.

About JAIP Company: Jericho Company for the Development, management, and Operation of the Agro-Industrial Park Company (JAIPCo) was established in 2012. between Palestine Real Estate Investment Company (PRICO), Amaar Real Estate Group, and Sanabel Company To work in the field of industrial parks development and operation, Based on a long previous experience in the field and the strong platform of development capacities it has JAIPCo will be introducing industrial and marketing promotion services for all investors interested in its projects in the region. Company Vision  The most Leading and successful Industrial Park in Palestine.  High class world infrastructure and business environment services hub.  Recognizable Brand as made of Palestine products and services Company mission  Build strong platform of a sustainable Palestinian economy  Export gate to regional and international markets.  Competitive products and services.  Capable producers. Services and Incentives An assortment of different services will be exclusively offered to JAIP Investors as follows: Tax Exemption Scheme 1- Corporate Income Tax: Preferential income tax exemptions will be awarded to investors in JAIP. Based on the Investment Promotion Low, and the total project investment amount. Property and Municipal Tax: Investors will be totally exempted from any property or Municipal tax in JAIP.

2- Vehicles tax: Investors will be totally exempted from any custom applied to vehicles purchase. This will include small cars, trucks, and large vehicles.

Infrastructure Services: Electricity: high-power line Extension was funded to feed the agro-industrial city in Jericho, plus the Photovoltaic power station (PV), which will provide the park with additional electricity supply. Roads: JAIP is connected with Jericho city and King Hussein Bridge through a network of roads. There will be easy access people, raw materials, and Products. Water: Investors will have the opportunity to use needed water supplies from different sources in Jericho. Waste Water: The treatment plant for JAIP, as well as for residential in Jericho area, under construction. Treatment fee will be reasonably priced. Solid Waste: The joint Service Council is responsible for transporting the solid waste to sanitary landfill. Logistics Services: One Stop Shop (OSS) Services: JAIP will include a sophisticated OSS Center which will facilitate all registration and necessary licensing for construction, exportation, and other governmental documentation issues related to establishment and day-to-day procedures. Preferential treatment on King Hussein Bridge: The establishment of coordination mechanisms is in progress, for facilitating the ease of access of raw materials and both imported and exported products from and to JAIP Investors ease of access: Arrangements are under process to assure the ease of access movement for foreign investors to and from Palestine, the One Stop Shop (OSS) will follow up on all the official paperwork to guarantee entry and exit for those investors. Financial Scheme Services: Financial incentives are under development for the support of Jericho Agro Industrial park's Tenants in order to reduce investment costs and improve the quality of production.

Free Trading Agreement State of Palestine signed different Free Trade agreements with USA, Canada, EU .Russia, Mercosur (Brazil, Argentina, Uruguay and Paraguay), Turkey, Jordan, Egypt, and Saudi Arabia. Along with the fact that Palestinian Products can be exports to the Arab countries market with zero tariff. How to Invest in JAIP The process: for interested investors who want to start business at JAIP is: 1) Submit Letter of Interest 2) Palestinian investment promotion committee determines if the project is considered positive to be invited in JAIP. 3) Signing Memorandum of Understanding with JAIPCO 4) Signing the Lease Agreement with JAIPCO