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Paris: PADICO discusses at an economic conference for Mediterranean countries the possibilities of investment in the Palestinian infrastructure

2009-12-13

Ramallah- Al Ayyam: Palestine Development and Investment Company "PADICO" participated in the conference of economic forecasts for Mediterranean countries foundation for Economic Affairs, which had concluded last week in the French capital, with the participation of representatives of major companies in the Mediterranean countries, in addition to businessmen and politicians. The Foundation which was established in 2006 in France called to support the regional economic integration in the Mediterranean region, in addition to discuss methods of strengthening the economic relations between the countries of the Mediterranean, and to transfer experiences and promote joint ventures between the two shores of the Mediterranean. PADICO which had been represented by its investor relations department"s manager Mrs. Layali Abdeen whom said: participation had reinforced the role of PADICO, and gave us the opportunity to review other countries experiences especially in investments in vital sectors such as water, electricity and agriculture sectors, which are important in the development of our national economy. She added: The conference opened the way to strengthen relations with the member companies of the foundation, which could be an important economic ally in vital and important projects in the region. PADICO Was invited to participate in this conference as one of the leading companies in investing in the Palestinian territories, and has long experience in this area, and also to share its experience, especially in attracting investments from all over the world through the invitation of Palestinian businessmen living abroad to invest in their country, and the establishment of several investment projects, especially in the sectors of telecommunications and infrastructure. .