Padico Profile / Overview

Palestine Development and Investment Limited (PADICO) was established in 1993 as an offshore international investment holding company.
The company's authorized capital is 300 million common shares. Currently, 250 million shares are issued. The par value per share is US$ 1.

The company invests both in Palestine directly or through its subsidiaries in:

Telecommunication and IT Finance, Agriculture, Industry, Tourism, Real Estate, and Industrial Estates.

And in Other regional & international avenues of investment both in capital markets and/or Direct Investments



Objectives

To generate profits, increase shareholders’ value, and achieve continuous growth through local, regional, and international investments.

To positively impact the society and actively participate in social responsibility by helping to:

- Create jobs.
- Reduce poverty to minimum levels.
- Train and develop human resources and capacity.

To assist, as needed, small- and medium-size enterprises and projects to succeed and excel, through different sponsored financing schemes.


Mission

To play a central and leading role in building and developing the Palestinian economy – a young, promising, and challenging economy.

To attract potential investors (local, regional and international) and to encourage partnerships.

To channel investments and funds to various sectors and projects.

To cooperate and coordinate efforts with government, on government and financial institutions, as needed.


Vision

To be an international investment company that maximizes shareholder value; to be a regional leader in corporate responsibility, professional development, and financial success; and to continue to play a central role in the development of the local economy and ensuring a promising future for its citizens.