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2009-12-23
Ramallah – Al- Ayyam: Palestine Development and Investment Company PADICO organized a workshop for two days during which they discussed the vision and direction of the firm in the next phase, in addition to a range of administrative issues. The workshop which was held in Intercontinental Hotel in Jericho was attended by the Chief Executive Officer of PADICO Mr. Samir Hlieleh, and departments" directors and the staff of the company. Hlieleh reviewed the company"s vision and objectives of 16 years after its foundation, based on past experience and future investment trends and PADICO"s strategy for the coming years. Hlieleh assured that PADICO managed during the year to accomplish many important achievements, particularly in the area of restructuring its companies, and to begin planning for new investment projects in the infrastructure sector, and to develop the internal administrative structure of the company and strengthen the relations with subsidiaries and affiliates. He added that at a time when many people had gambled on the challenges facing the private sector in Palestine, PADICO was able with its efficient staff to meet many of the success stories, and address the global financial crisis with minimal losses as possible. He emphasized that PADICO recently worked to focus its orientations towards the fields of investment that had been reached by anyone in Palestine, as a leading company, as well as in line with the company"s commitment to investing in the fields of benefit to society, especially in the field of environmental maintenance.
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