Nakheel Palestine for Agricultural Investment (Nakheel)
Nakheel Palestine for Agricultural Investment was established by a number of PADICO HOLDING’s subsidiaries in March 2010, as a private limited shareholding company with a Paid-in-Capita of USD 11 million.
The company’s main mission is to develop the Palestinian date production industry, and produce high quality dates that can be exported to foreign markets, particularly European markets. The Palestinian date industry is still young whereby the level of demand highly exceeds the level of supply, and Palestinian dates do not have a substantial foreign market share.
The project will represent the biggest Medjool dates plantation in Palestine set up over a total land area of 3,000 dunums. 22,000 palm trees have already been planted, and an additional 14,000 trees will be planted by 2014.
The company’s business strategy does not only focus on date production. It also involves establishing a state of the art packaging facility able to accommodate the production capacity of the plantation. This packaging facility will also provide its services to other local companies.
Board of Directors
- Mr. Samir Hulileh, Chairman
- Mr. Abdullah Sharawi
- Ms. Huda Aljack
- Mr. Jaafar Abu-Libdeh
- Mr. Fouad Al-Najjab
Mr. Zuheir Al-Manasra
Fax: +970 (0) 2 232 0791
P.O Box: P.O. Box 18, Jericho, Palestine