Palestine Development & Investment Ltd. – PADICO |
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One major force behind the economic rise in the Palestinian Territories after the Peace Accords was an investment holding company called Palestine Development and Investment- Ltd. (PADICO). Established in 1993, PADICO, a company comprising of Palestinian expatriate investors, operates in conjunction with and as an umbrella organization for a number of subsidiary and affiliated shareholding investment companies. The priority sectors for PADICO's investments are tourism, real estate and housing, industry and manufacturing, finance, industrial estates, power generation, telecommunications, and information technology.
PADICO Affiliates:
- Jerusalem Tourism Investment Co.(JIT)
- Palestine Tourism Investment Co. (PTIC)
- Palestine Real Estate Investment Co.(PRICO)
- Palestine Industrial Investment Co. (PIIC)
- Palestine Poultry Co. (PPC)
- Palestine Electrical & Electronics Co. (PEEC)
- Palestine Plastic Industries Co. (PPIC)
- Palestine Industrial Estates Development & Management Co. (PIEDCO)
- Palestine Securities Exchange Co.(PSE)
- PALTEL GROUP
- Palestine Telecommunications Co. (PALTEL)
- Palestine Cellular Communications LTD.(JAWWAL)
- PalMedia
- Hadara Technologies
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