Ersal Commercial Center Explained

The Ersal Commercial Center, also known as the Al-Ersal real-estate project, is a central business district under construction in Ramallah, Palestine. It is one of the larges

$400 million commercial development under construction in Ramallah, Palestine.[1] The project is co-sponsored by the Palestine Investment Fund (PIF) and The Land Holding, a Saudi real estate company, which have created a new development company called Arduna to construct the Ersal Center.[2] Ground was broken in October 2008 on the projected 4-year development project.[3]

Notes and References

  1. https://www.wsj.com/articles/SB10001424052748704476104575439441883157542 "The Future Palestinian State Takes Root; Peace talks are making familiar headlines. The real news is economic progress in the West Bank,"
  2. http://www.ameinfo.com/173313.html "The Palestine Investment Fund announces the official groundbreaking of Al-Ersal center,"
  3. https://www.reuters.com/article/idUSTRE67129P20100802 "Ramallah building boom symbolizes West Bank growth,"