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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