Palestine Real Estate Investment

PRICO has been established since 1994 as a shareholding company with a capital of Fifteen (15) Million Jordanian Dinars; and it was listed into Palestine Securities Market on February 24th, 1997, are registered at the Companies Registration Department at the Companies' Registration Department in Gaza under No. (563200827). The Company's capital was raised up to Twenty Two and Half (22.5) Million Jordanian Dinars in 2005. Then, the Company's capital was raised up to Fifty (50) Million Jordanian Dinars in 2006. After that, the Company's capital was raised up to Sixty Three Million Seven Hundred Sixty Two Thousand and Four Hundred Eighty Six (63,762,468) Jordanian Dinars. The Company is qualified and classified at the Palestinian Contractors Union and the National Classification Committee in the First Grade in the field of contracting (constructions, building, electro mechanics and infrastructure works). Since its establishment, the Company could implement a number of pioneering project in Palestinian different cities which serve large sectors of the Palestinian community, such as: housing projects, trading compounds, tourist hotels, general and industrial buildings and contracting projects. Technical, financial and administrative staff works with the Company in order to implement the largest projects, within organized work-teams distributed through its offices, and branches and on its under- implementation projects. The Company has offices and branches in Ramallah, Jerusalem, Gaza, Bethlehem and Amman. PRICO is a Company belonging to PADICO Holding Company, and it constitutes its real-estate arm, as it owns 74% of its shares. Mission