Jobs for the Future
For the past two years, DLA Piper lawyers have worked with the Aspen Institute to create, manage and fund the Middle East Investment Initiative (MEII), a charitable organization designed to facilitate economic development and job creation in the West Bank and Gaza.
MEII is now collaborating with the Overseas Private Invest Corporation (OPIC) and the Palestinian Investment Fund, CHF International and local banks to create a $160 million Loan Guarantee Facility to support small and medium-sized enterprises in the Palestinian Territories. This public-private partnership will leverage an estimated $210 million in loans to Palestinian businesses, enabling them to expand and hire additional employees.