The program of the Gulf Cooperation Council (GCC)'s member states for the reconstruction of Gaza Strip approved to finance projects worth a total of $ 164 million in the Strip. This came at the conclusion of the first meeting of the program, which was held today at the headquarters of the Islamic Bank in Jeddah. The projects approved by the Coordinating Committee of the first generation of the program for 2010 were the sectors of health, education, water & sanitation, electricity, transportation, agriculture, housing and municipal services. During the meeting, a memorandum of understanding between the Coordinating Committee of the program and the Islamic Development Bank was signed under which the Committee will implement the reconstruction projects in the framework of the program.
