Motorola Incorporation is looking to expand its operations into the Palestinian Authority areas by opening a software house, which will employ Palestinian engineers, reported the Jerusalem Post Monday, quoting vice president of Motorola Elisha Yanai.
Motorola is expected to take the first steps toward cooperation with the PA within two weeks, added the daily.
"We are very serious about investing in the Palestinian industrial zones," Yanai said, adding that the new facility will focus on software development.
A spokesman from the company was quoted as saying that there is an untapped skilled labor market in the areas controlled by the PA.
According to the daily, other domestic software houses have also announced plans to set up local operations in the PA, but the majority of the projects have not materialized.
"We are currently recruiting staff to offer to Motorola," managing director of Palestinian Industrial Estate Development, Abdel Malik Jaber, told the Jerusalem Post.
"We are confident that we will be in a position to offer qualified Palestinian technicians. We'll do this within a week to 10 days," he said.
There are currently nine Palestinian industrial parks either completed, under construction, or in the planning stages. Benefits to export-oriented companies include a 10-year exemption from corporate tax, zero customs duties on raw materials, and exemption from land tax for fixed assets, according to the daily - Albawaba.com
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