Abbas opens first Palestinian cement plant in Jericho
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What happened
Mahmoud Abbas opened a cement plant in Jericho billed as the first Palestinian cement plant. The project was developed by the Palestine Investment Fund in partnership with Issa Khoury for Mining and Construction Industries Group.
Why it matters
Domestic cement production can change procurement options for public and private construction, alter exposure to import channels, and create a reference point for future industrial projects. The plant's commercial start-up, licensing, and distribution arrangements will determine whether the opening translates into usable supply in the near term.
President Mahmoud Abbas on November 2 inaugurated the first Palestinian cement plant in Jericho, a project developed by the Palestine Investment Fund with Issa Khoury for Mining and Construction Industries Group. The opening creates a new domestic production asset in a strategic building-material input that has direct relevance for construction costs, supply reliability, and industrial policy. For economic planners, the event is notable because it adds productive capacity in a sector tied to housing, infrastructure, and import dependence.
Watch for
Palestine Investment Fund statement by 2026-11-06 on plant production capacity, commissioning phase, or first delivery timeline Palestinian Ministry of National Economy publication by 2026-11-06 of licensing, environmental, or operating approvals for the Jericho plant Major Palestinian cement distributors or contractors announcement by 2026-11-06 of supply agreements or first procurement orders from the Jericho plant No public notice by 2026-11-06 from the Palestine Investment Fund or plant operator on commercial sales start date
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