Company Overview


IZDEHAR or Palestine Prosperity Investment Development - PPID is a US$ 100 million investment vehicle for development-oriented investment opportunities in Palestine. It provides a pool of readily available risk capital for project construction and operation. IZDEHAR will work in a complementary manner as a deal catalyst, identifying and developing infrastructure projects from their earliest concept phase to an investment-ready phase, it will assemble all financing needs and will bear the risks of construction and operation. IZDEHAR’s long term vision is to develop a pipeline of $1.1 Billion Investment Projects in Palestine



The initiative comes at a particularly crucial time for Palestine as Western Donors continue to halt donations and the Palestinian Authority lack of finances. The fund will focus on essential infrastructure needs, including Energy, Industrial Zones, Waste Management, Education, Health, Religious Tourism, Technology, Agriculture and Affordable Housing.



PPID’s unique model comes at a particularly critical time for Palestine and the region as Western Donor continue to halt donations and the Palestinian Authority continues to struggle in overcoming its longstanding fiscal deficits, the Private Sector needs to step-in and work on rebuilding the foundational elements necessary for economic development. Current levels of private investment in the Palestinian Territories are not sufficient to fuel meaningful Economic Growth and create sustainable employment opportunities. The inadequacy of private investment is particularly significant in the infrastructure sector and other strategic projects that tend to have large capital requirements and longer horizons for returns, thus bearing a higher risk profile. This is exacerbated in Palestine where the political situation remains highly volatile. 



Moreover, Infrastructure investment in Palestine is critical to economic productivity and it was estimated that Palestine needs $0.5-1 billion per year for the next 20 years to meet its infrastructure development needs. Without additional large-scale interventions beyond those currently planned, these needs will not be met. But if they are left unaddressed, Palestine’s infrastructure deficit will result in a continuation of stunted economic development with dire social consequences that will impact State-Building and its progress. Therefore, Private sector initiatives are needed to alleviate the infrastructure deficit in Palestine via the use of De-risking instruments to channel investment.



PPID’s Strategy



PPID identifies and develops large-scale commercially viable projects from the idea stage until financial closure, aiming to reduce the risk inherent in these projects by strategically structuring their financial and legal formations. Projects are selected based on their potential to help build the foundation and the infrastructure for an independent state with strong viable economy, and create long term professional employment opportunities across a variety of disciplines and sectors such as Energy, Industrial Zones, Waste Management, Education, Health, ICT and Affordable Housing.

Mission

The mission of PPID is to drive investment in Palestine and develop the Private Sector by upgrading its investment scope and providing seed capital.


  • PPID will facilitate access to capital, through equity and debt instruments, for development projects at various stages (green field and up).
     
     
  • PPID will identify and develop investable opportunities; assist in the creation of business plans; support the process of raising debt and equity; provide guidance on governance structures and Continuously support investors post completion of transactions.
     
     
  • PPID will work with existing sources of capital (debt and equity) and with new potential funders/investors to develop proper financing Structures for investment opportunities in Palestine.


  • PPID will develop advanced tailored interventions that will meet investors/debtor’s partnership and lending criteria.

Vision

Together, our Efforts aim to alleviate the financing deficit in Palestine and create a pool of risk capital available for high impact mega projects.


  • PPID will be the investment umbrella for supporting the Palestinian Private Sector and International Players interested to invest in Palestine. 


  • PPID will bridge the gap between the various companies, shareholders, stakeholders and the Palestinian Authority Institutions and create a linkage with relevant Israeli decision-makers to facilitate process.
     
     
  • PPID will engage with International Financial Institutions, Development Banks, Donors…etc in order to exchange, knowledge, expertise and to create a vibrant investment atmosphere in Palestine.


  • PPID will engage with Palestine Diaspora around the world, GCC countries and others in its pursue of expanding investment portfolio through foreign capital 

Core Values

CATALYST
Improving the awareness of local and regional players on the IZDHEAR activity, as an alternative financing source and business development catalyzer, for the private and public sector..... etc
COLLABORATIVE
Building a Collaborative culture between unniversities, excellence center, incubators, investors, and governnment.
ENABLER
Addressing critical enablers for investment including movement and access of goods and people, infrastructure, regulatory and permitting, and connectivity with applicable bank and donor- sponsored programs......... etc

INVESTOR
Professional allocation of investments and diversification. Creating opportunities for regionnal and international expansion and cooperation, through their global networks

Our Board of Directors




Rafiq Abu Munshar

Chairman / Head of the Investments Committee

Mr. Abu Munshar is the owner and CEO of United Group. A Chairman for multiple companies within United Group including Modern Company for Building Material, United Cement & Steel Manufacturing, Southern Concrete Factory and United logistics. Board member of Hebron Chamber of Commerce. Holds Accounting degree & CPA.

Mashhour Abu Khalaf

Vice Chairman/ Head of the Industrial Committee

Mr. Abu khalaf is BoD member & CEO of Aljuneidi Group with hands on management on its subsidiaries .The chairman of Alwifaq Farm Agriculture Co. He is a member of the Arab Businessmen Forum, Palestinian Businessmen Forum, and has multiple public engagements in the fields of social, sports, and youth development organizations. Holds a BA degree in accounting.

Basil AlQadi

CEO / Head of the Technology Committee

Mr. Alqadi is the Chairman of Zara Group, which has subsidiaries in furniture, automobile trading maintenance and a leasing. During his career Mr. Alqadi served as the CEO of SECLO and former CFO of HEPCO after serving at managerial positions in Palestinian Ministry of Finance and part time teaching in mult The secretary general of Palestinian businessmen forum. Holds a BA degree in management from Jordan and completed his MBA with focus in finance and has a high diploma in strategic management for large caps from Sweden.

Ehab Hassouneh

Board Member/Head of the Governance & Audit Committee

Mr. Hassouneh is the chairman of Aram Group that has various investments in consulting business, trading, Tourism, and Outfit retail chain. Mr. Hassouneh holds a bachelor degree in accounting from Amman Ahliya University. ACPA, PCPA. Secretary General of Hebron Chamber of Commerce

Nabil Aldeek

Board Member/Head of the Housing & Development Committee

Mr. Abu Sneneh is one of the largest investors and developers of real estate in Palestine, he has built diverse housing complexes and shopping centers in addition to residential properties. Vice chairman of Alzaitonah University and holds a diverse real estate portfolio in the area.

Fouad Amleh

Board Member/ Head of the Energy Committee

Mr. Amleh is the Chairman and CEO of Albayyan Development Group that has diverse investments in solar energy, real estate, engineering and construction. Mr. Amleh served as the deputy of  former Minister of Energy, served as a member of Negotiation Committee with the Israeli IEC. Holds a degree in Electrical Engineering and hold several international  diplomas including EDF from France and financial management from USA.

Aref Sultan

Board Member/ head of agriculture Committee

Known as the Chairman of Sultan Group. The mother company of Almajd Gold Trading & Manufacturing Co. Additionally, Almajd Date Farms in Jericho. Mr. Sultan has various multinational investment portfolio in real estate and agriculture in USA, Turkey, Dubai & Europe.