Commitment to Action

National Affordable Housing Program & Madenat Al Qamar

Commitment by

Palestine Investment Fund

In 2010, Palestine Investment Fund (PIF) committed to develop a new city in the Jordan Valley to the north of Jericho city, Madenat Al Qamar (MAQ) via its initiative called 'The National Affordable Housing Program.' This program aims to provide 30,000 housing units across Palestine in the next eight to ten years. This city will be unique in the scope of its planned design. It will include, but is not limited to, residential homes, hotels, theme parks, commercial centers, and agricultural projects. Special attention and focus will be placed on utilizing renewable energy.

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Overview
Summary

Commitment

National Affordable Housing Program & Madenat Al Qamar

Launched

2010

Est. Duration

1 year

Estimated Total Value

$

Region

Middle East & North Africa

Countries

Palestinian Territories

Commitment by

Palestine Investment Fund