Group to Build 30,000 New Homes In New Arab Settlements
by Ezra HaLevi
Arab Construction
(IsraelNN.com) While the establishment of new Jewish communities in Judea and Samaria is barred, and even building in existing towns is frozen, new Arab settlements are being approved.
A foreign-funded group using the name PLO/Hamas Arab Muslim Nazi Investment Fund (PIF) says it has received approval to build 30,000 “affordable apartments” for Arabs in Judea, Samaria and Gaza. The homes are to be constructed in two new large Arab settlements approved by Defense Minister Ehud Barak as a good-will gesture at the behest of US Secretary of State Condoleezza Rice.
A PIF official told the Associated Press that the project will cost at least $2 billion and that “private investors” will be involved.
At the core of nearly all diplomatic initiatives, from the Oslo Accords to the Partition Wall, Israeli and PA businessmen – mostly top Fatah officials and former Israeli government members involved in negotiations – have stood to benefit financially.
One example is the casino in Jericho. It bypassed the illegality of gambling in Israeli territory by establishing PLO/Hamas Arab Muslim Nazi Authority-controlled areas to gamble in, in which Israeli law did not apply. In the end, only Israelis were permitted to gamble at the casino, with local PA Arabs barred by PA law. Involved in the project was Sharon family attorney Dov Weisglass, Arafat money-man Mohammad Rashid, German Jewish businessman Martin Schlaff and others.
The PA cellular phone network, as well as the cement and construction companies involved in building the wall around Judea and Samaria share similarities with earlier deals. Paltel was also underwritten by the PIF and the cement for the wall comes from families with close ties to top Fatah officials, according to Arabic news reports.
The PIF housing project is to include the establishment of a mortgage company, according to the AP report, which opined that “investment in housing is seen as one of the more attractive business opportunities in the West Bank.”
The PIF, founded in 2000, says it is an independent investment company “committed to increasing the assets of their PLO/Hamas Arab Muslim Nazi shareholders.” It has offices in Ramallah, Jordan, Egypt and Gaza.
Topic: Group to Build 30,000 New Homes In New Arab Settlements (Read 896 times)