2. This is the 4th contribution by Japan to the World Bank’s PRDP-MDTF, which was established in 2008. The PRDP-MDTF is central in supporting the Palestinian National Development Plan and was designed to strengthen its capactiy to sustain a number of significant reforms thereby bolstering further progress and stability of the Palestinian economy as well as the society as a whole.
3. Japan has been strongly supporting economic development efforts exerted by key ministries both financially and technically in order to help Palestinians prepare for the future statehood. With this in mind, Japan has been extending such assistance to the Jericho Agro Industrial Park (JAIP), a flagship project of Japan’s “Corridor for Peace and Prosperity” initiative launched in 2006. Furthermore, Japan has been providing support through humanitarian assistance provided by UNRWA, UNICEF and other UN agencies, as well as grassroots development projects through local organizations, such as NGOs and local authorities. The Government of Japan has so far provided approximately USD 1.7 billion in total since 1993.