Palestine Development and Investment Company Ltd (PADICO)
Pioneer Investment Company
PADICO is an offshore Palestinian investment holding company with an authorized
capital of US$200 million and total consolidated assets of US 558.6 million.
Padico’s investors include Palestinian expatriates, Arab investors and
financial institutions. The company operates in conjunction with and as an
umbrella for a number of subsidiary and affiliated shareholding investment
companies including; Palestine Real Estate Investment Company (Aqaria),
Palestine Industrial Investment Company, Palestine Tourism Investment Company,
Palestine Telecoms Company( PALTEL) , Palestine Industrial Estate Development
and Management Company and Palestine Securities Exchange. Priority sectors for
Padico’s investments are:
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Tourism
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Real estate and housing
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Industry and manufacturing
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Finance
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Industrial estate
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Power generation
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Telecommunications
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Information technology
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