Building Regional Economic Bridges (BREB) Activity

Notice ID: 72029422R00001

Award ID: 72029422C00003

Award type: Award Notice

Description of Requiremen: 

The Building Regional Economic Bridges (BREB) Activity is a 60-month activity that aims to promote peace between the West Bank and Gaza (WBG) and Israel through expanded economic and research partnerships/alliances with the WBG, Israel, and the U.S. The activity will also support expanded trade opportunities for Palestinians across the Middle East and North Africa region.

BREB will have three main objectives/components as follows:

Objective/Component 1: Facilitate Cooperative Exchange and Knowledge Sharing

Objective/Component 2: Foster New Markets

Objective/Component 3: Enhance the Capacity of Targeted Entities

At a minimum, BREB will achieve the following main outcomes/results:

Economic relationships at the regional level are strengthened through a $350 million increase in exports by BREB assisted firms over five years.

Enhance cooperative technological exchanges, and knowledge sharing between the WBG, Israel, other regional economies, and/or the U.S., defined by 75 partnerships/alliances.

Create new market connections between Israeli and Palestinian companies, with at least 75 Palestinian businesses exporting into new markets.

Develop a $50 million pipeline of projects that meet the requirements for DFC’s potential investment in the WBG.