Palestine’s first planned city Rawabi has secured approval from the Palestinian Authority and the Palestinian Authority and the Palestinian Higher Planning Council.
Arabic for ‘the hills’, Rawabi is estimated to cost $1bn and is being touted as the largest private sector project.
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It was first proposed at the Palestinian Investment Conference in Bethlehem in 2008.
The Palestinian Authority will provide off-site infrastructure, while the development company Bayti will design and develop the city.
Initially planned by Aecom, the multi-phase project will feature residential, retail and leisure facilities, two mosques, a church, a hospital, a cinema and a 15,000-seat amphitheatre.
Mutaz Khdeir from Bayti said the project will have 6,000 residential units.
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By GlobalDataThe amphitheatre would be modelled on the traditional Roman design, complete with cafes and restaurants.
Development is being funded by the Qatari company LDR and Palestinian multi-millionaire Bashar al-Masri.
