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CLASSIC CUISINE PHILIP TENVEL TRISH WELLMAN, CFP JOEL LEVI, CFP L Licensed, Insured & Bonded 1 -800-647-1 760 or 313-595-7827 times, and over the years met a dozen times with Arafat. In its close to four years of ex- istence, Builders for Peace lent a hand in launching a few projects, though even their ultimate suc- cess is not certain. The showpiece project is the Gaza Marriott Ho- tel and Business Center, an $80- $100 million project on the Mediterranean coastline. DeSutter credits the incredible tenacity of Arab-American archi- tect Ziad Karram for keeping the project alive, despite constant set- backs. Ground was broken in March and Levine is "cautiously optimistic" that the complex will be completed. A group of upscale condomini- ums have been built in Rarnallah. In different stages of development are a Culligan zboalect water plant jeridio and a factory for man- ufactu-ing pre-cast concrete wails for the construction of modular houses. Put together, it is not an im- pressive track record, especially if contrasted to the high hopes and goals at the beginning. Who is to blame? All partici- pants agree that neither the donor countries nor the U.S. govern- ment's OPIC came through as ex- pected and that the lost political momentum in the peace process inevitably soured the investment climate. After that, opinions are divid- ed. Levine feels that the main stumbling block has been Arafat's failure to establish a basic legal and commercial structure for the Palestinian Authority. Endemic corruption, bureau- cratic foot-dragging, huge over- heads, and the ability of Arafat favorites to muscle other busi- nessmen aside, widely reported by Palestinian and other sources, presented additional disincentives for foreign investors. While ac k nowledging the short- comings of the Palestinian Au- thority, Zogby put the burden of the blame on Israel. "The Israeli civil administra- tion may have left, but Israel still dominates the Palestinian econo- my," Zogby charged. "Eveiything has to go through Israeli middle- men; there is no free market econ- omy." The biggest distortion in the Palestinian economy is caused by frequent closures of the ten-i- tories, maintained Zogby. Closure prevents Palestinian laborers from reaching their jobs in Israel, but equally damaging, it prevents Arab businessmen from import- ing raw materials and exporting finished goods, said Zogby. "You can't do business that way," he added. Israeli security measures force trucks to wait in long lines at checkpoints and border crossings and make the transport of per- ishable goods all but impossible, Zogby argued. UNFINISHED page 64