India and Palestine have signed a Memorandum of Understanding for setting up of Palestine-India Techo Park in Ramallah. <br/><br/>The announcement of the Techno Park was made during President Pranab Mukherjee's visit to Palestine last year. <br/><br/>India has announced grant of 12 million dollars for setting up the Park. Palestinian side has made the land available for the project. <br/><br/>Once completed, the Technopark will serve as an IT hub in Palestine with complete IT facilties offering a one-stop solution to all IT-related service requirements. It will also provide state-of-the-art technology, host IT companies and foreign companies benefiting local business, universities and other institutions.<br/><br/>The assistance is part of India's strong commitment to Palestinian cause. The project will help job creation, business and other opportunities for young Palestinians.

India and Palestine have signed a Memorandum of Understanding for setting up of Palestine-India Techo Park in Ramallah. <br/><br/>The announcement of the Techno Park was made during President Pranab Mukherjee's visit to Palestine last year. <br/><br/>India has announced grant of 12 million dollars for setting up the Park. Palestinian side has made the land available for the project. <br/><br/>Once completed, the Technopark will serve as an IT hub in Palestine with complete IT facilties offering a one-stop solution to all IT-related service requirements. It will also provide state-of-the-art technology, host IT companies and foreign companies benefiting local business, universities and other institutions.<br/><br/>The assistance is part of India's strong commitment to Palestinian cause. The project will help job creation, business and other opportunities for young Palestinians.