Law No 10/1998
regarding
Industrial Estates and Industrial Free Zones

CHAPTER TWO

Objectives and Tasks of PIEFZA

Article (5)

PIEFZA shall be concerned with the following tasks: 

1.      Preparation of a comprehensive general policy for the establishment and development of industrial estates and industrial free zones in Palestine.

2.      Submission of proposals, plans and recommendations to the Council of Ministers regarding the establishment, development and management of any industrial estate or industrial free zone in Palestine.

3.      Accepting and receiving applications, related to the establishment of industrial estates and industrial free zones for industrial projects; and submission thereof to the Council of Ministers coupled with its recommendations.

4.      Study applications submitted by different parties for licenses to work in an industrial estate and/or industrial free zone and grant Industrial Free Zone Certificates to qualifying investors.

5.      Development of industrial estates and industrial free zones, directly or through developers.

6.      Preparation of plans and programs related to the development and growth of industrial estates and industrial free zones.

7.      Establish public facilities required by the industrial estates and industrial free zones, directly or by a third party.

8.      Determine fees and collection stipulations for services provided by PIEFZA to industrial estates and industrial free zones, in accordance with a law.

9.      Subscription of contracts and agreements, and acceptance of subsidies and donations in accordance with the provisions hereof. 

10.    Approval of the annual public budget of PIEFZA and submission thereof to the appropriate authorities for ratification as required.

11.    Selection of developers and subscription of contracts with them.

12.    Monitoring performance and development of industrial estates and free industrial zones, and publish pertinent reports.

13.    Causing to execute the local and regional agreements subscribed with respect to any of the issues set forth herein. 

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