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| The '']'' report that Rawabi "is specifically designed for upwardly mobile families of a sort that in the United States might gravitate to places such as ]. The developments are also relying on another American import, the home mortgage, including creation of a ]-style institution for the West Bank".<ref name="Schneider">{{cite news|url=http://www.washingtonpost.com/wp-dyn/content/article/2009/11/22/AR2009112202106.html?hpid=moreheadlines|title=Palestinians looking to U.S.-style suburban housing, financing|last=Schneider|first=Howard|date=23 November 2009|work=]|accessdate=15 December 2009}}</ref> | The '']'' report that Rawabi "is specifically designed for upwardly mobile families of a sort that in the United States might gravitate to places such as ]. The developments are also relying on another American import, the home mortgage, including creation of a ]-style institution for the West Bank".<ref name="Schneider">{{cite news|url=http://www.washingtonpost.com/wp-dyn/content/article/2009/11/22/AR2009112202106.html?hpid=moreheadlines|title=Palestinians looking to U.S.-style suburban housing, financing|last=Schneider|first=Howard|date=23 November 2009|work=]|accessdate=15 December 2009}}</ref> | ||
| The total cost of the development is estimated at over US$350 million and it is estimated to generate between 8,000 and 10,000 new jobs. The project is sponsored by the ].<ref name="PIC"/> | The total cost of the development is estimated at over US$350 million and it is estimated to generate between 8,000 and 10,000 new jobs. The project is sponsored by the ].<ref name="PIC"/> The Rawabi economic growth strategy has the aim of creating 3,000 to 5,000 new jobs in "]" industries including ], ] and ].<ref name="RTI">{{cite web|url=http://www.rti.org/brochures/rawabi_west_bank_econ_growth.pdf|title=Rawabi: An Economic Growth Strategy for the West Bank|publisher=RTI International|accessdate=15 December 2009}}</ref> | ||
| ==References== | ==References== | ||
Revision as of 19:36, 15 December 2009
Rawabi (Template:Lang-ar, meaning "The Hills") is the name of a proposed town in the West Bank, Palestine, in the Samaria (Shomron) area of Israel's territories. If built, it will be Palestine's first planned town. The development is linked to a $500m affordable mortgage scheme. 9 kilometres (5.6 mi) northwest of Ramallah, it is planned that Rawabi will include more than 5,000 housing units, providing accommodation for a population of 25,000 people. Seven further towns are planned within a radius of 1 kilometre (0.62 mi) of Rawabi. As of September 2009, Israeli authorities had yet to grant permission to build an access road through West Bank Area C, which they control. Most of the planned development lies in Area A, which is under Palestinian control.
The Washington Post report that Rawabi "is specifically designed for upwardly mobile families of a sort that in the United States might gravitate to places such as Reston, VA. The developments are also relying on another American import, the home mortgage, including creation of a Fannie Mae-style institution for the West Bank".
The total cost of the development is estimated at over US$350 million and it is estimated to generate between 8,000 and 10,000 new jobs. The project is sponsored by the Bayti Real Estate Investment Company. The Rawabi economic growth strategy has the aim of creating 3,000 to 5,000 new jobs in "knowledge economy" industries including information technology, pharmaceuticals and health care.
References
- Westervelt, Eric (30 May 2008). "Planned Palestinian city in West Bank faces hurdles". National Public Radio. Retrieved 15 December 2009.
- Koutsoukis, Jason (19 September 2009). "Palestinians pursue their own suburban dreams". The Age. Retrieved 22 October 2009.
- Koutsoukis, Jason (12 September 2009). "Serenity soon: Palestinians buy into a modern oasis". Brisbane Times. Retrieved 22 October 2009.
- ^ Shavit, Ari (30 July 2009). "A new Palestine". Haaretz. Retrieved 11 September 2009.
- McCarthy, Rory (8 September 2009). "Rawabi, the new Palestinian city that could rise on the West Bank". The Guardian. p. 27. Retrieved 11 September 2009.
- Macintyre, Donald (23 May 2008). "Palestine's economy is like a coiled spring, says British financier". The Independent. Retrieved 11 September 2009.
- ^ "Palestine Investment Conference: Project and concept profiles" (PDF). Bethlehem: Palestinian Investment Promotion Agency. 21–23 May 2008. pp. 60–61. Retrieved 13 December 2009.
{{cite web}}: CS1 maint: date format (link) - ^ Macintyre, Donald (3 September 2009). "Israeli moves give Blair hope of rebuilding political trust". The Independent. Retrieved 11 September 2009.
- Flynn, Sean (9 December 2008). "West Bank development to reconnect Palestinians to their land". New Civil Engineer. Retrieved 15 December 2009.
- Schneider, Howard (23 November 2009). "Palestinians looking to U.S.-style suburban housing, financing". Washington Post. Retrieved 15 December 2009.
- "Rawabi: An Economic Growth Strategy for the West Bank" (PDF). RTI International. Retrieved 15 December 2009.
External links
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