Palestine Industrial Investment Company (PADICO Industrial)

Palestine Industrial Investment Company (PADICO Industrial) is a holding company established in 1995, serving as a subsidiary of PADICO (Palestine Development and Investment Co). It concentrates on investments in the industrial and agricultural sectors. The company went public on PEX in 2002 with a paid-in capital of JD 15 million, later increased to JD 18.75 million through stock dividends. PIIC is the founder of Palestine Poultry Company (Aziza) and Palestine Plastic Industries Company (Ladaen), both listed on PEX. Additionally, it holds a stake in Vegetable Oil Industries Co. (VOIC), Golden Wheat Mills Company (GWMC), and National Carton Industries Co. (NCI). Aligned with its Vision and Mission, PIIC aims to achieve several objectives, including the development and strengthening of industrial and agribusiness firms, building stakeholder value, creating competitive Palestinian products, and generating employment opportunities. The company focuses on injecting capital and providing technical expertise into its projects to contribute to the Palestinian economy. As a financial services firm, PIIC is committed to enhancing the industrial base of Palestine by investing in new ideas and industries, fostering local product competitiveness, and driving socio-economic impact through employment generation.