The Palestine Economic Corporation is planning to expand its operations in Palestine, Julius Simon, president, who has just returned from a tour of inspection there, said today.
Pointing out that by far the largest part of the P.E.C.’s investments are in Jewish areas, Simon said the Corporation now has $5,000,000 invested in Palestine and plans to increase that sum shortly. He expressed the belief that American exporters, particularly of industrial equipment, will find “relatively unlimited” opportunities in Palestine.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
