Client: World Blank, International Finance Corporation
Duration: 2011-2012
Region: Middle East and North Africa
Country: Palestine
Solutions: Economic Growth
Agriculture contributes 27 percent of all Palestinian private sector output, making it a key sector for the economy. Olive oil production is of particular significance: olive trees comprise 45 percent of the total plant production in the West Bank and the annual income generated by olives and olive products is more than 20 percent of the overall national agricultural output. This project sought a demonstrative effect through supporting different players in the olive oil sector with the ultimate aim of increasing earnings across the value chain. The project framed its activities around three goals: improving access to strategic markets with growth opportunities; strengthening the supply chain and quality management of bottling companies; and strengthening the Palestinian Olive Oil Council (POOC).
RELATED CONTENT:
The EU-GCC Dialogue on Economic Diversification II project aims to enhance economic, trade, and investment cooperation between the EU and Gulf regions. By focusing on innovation-driven industries, the project leverages the EU’s expertise to support the Gulf Cooperation Council’s diversification goals.
Read More