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PostThu Aug 27, 2015 10:42 am     Palestinian President Constructing $13 Million Palace    


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Palestinian President Constructing
$13 Million Palace


By Conor Gaffey
Newsweek
August 26, 2015

Palestinian president Mahmoud Abbas is constructing a $13 million palace in the West Bank, despite the country being crippled by financial woes.


An artist's impression of what the
new palace will look like. PECDAR

The project, titled the Presidential Guest Palace in Surda, Ramallah, is listed as an ongoing project on the official website of the Palestinian Economic Council for Development & Reconstruction (PECDAR). It is due to take two years to complete, though the project's start date is not clear from the website.

The complex will include a 4,700-square-metre guest palace and two helipads, as well as a 4,000-square-metre administrative building. It will be constructed over a total land area of 27,000 square metres. PECDAR said on the website that the project will be financed by the Palestinian Ministry of Finance. . . . [More]


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