The memorandum was signed by Turkey‘s Science, Industry and Technology Minister Fikri Isik, and Palestine‘s Deputy Prime Minister and National Economy Minister, Mohammed Mostafa.

„This will not only be an organized industrial zone, but a free zone as well, offering unique and massive advantages to all investors, whether they are Turkish, Palestinian or other,“ Ahmet Sekeroglu, Board Chairman of TOBB-BIS Inc., told the Anadolu Agency.