(hotels, recreation facilities, supporting infrastructure) on the Dead Sea.”126
Additionally, Palestinian freedom of movement to and within these areas is
curtailed by checkpoints and denial of permits.
The result is a complete prevention of Palestinian use and development of
one of their most significant natural resources, a resource that Israel and
Jordan have been able to develop into two major sources of revenue. The
first is the profit obtained from the tourism industry, mainly from the twenty
4- and 5-star hotels along the shore. According to the World Bank, revenues
from these hotels in 2012 yielded $291 million to Israel and $128 million to
Jordan.127 It estimates that if Israeli restrictions on Palestinian access were
lifted, Palestinians would be able to develop a tourism industry on par with
Israel’s that would bring them $290 million in annual revenue.128
The second source of revenue is the rich deposits of salts and minerals
found in the Dead Sea. Products developed from these resources have
generated $4.2 billion per year in sales for Israel and Jordan, and represent
a major potential windfall for Palestinians as well. ARIJ calculates that if
Palestinians had unhindered access to the Dead Sea their production would
most likely range between that of Israel and Jordan, meaning they could
earn between $917.70 million and $2,36 billion, representing 7.2 percent
to 18.6 percent of the PA’s GDP in 2014.129
The revenues from the tourism and mineral industries combined represent a
figure capable of significantly bolstering the economy of the oPt. The World
Bank notes that the conservative estimate of Palestinian revenue from salt
and mineral products alone - $918 million - would be “almost equivalent to
the contribution of the entire manufacturing sector of Palestinian territories
[sic.] today.”130 Such an amount, if added to Palestinians’ economic resources,
could contribute to ameliorating the coercive economic environment in the
oPt.
126 Ibid.
127 Id., 22-24.
128 Id., ix.
129 ARIJ, Economic Cost of the Israeli Occupation, 28, supra note 94.
130 World Bank, Area C and Palestinian Economy, 13, supra note 125.
38
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