The Palestinian Investment Promotion Agency (PIPA)
PIPA Board of Directors is composed of 11 members; 4 members represent the private sector and the remaining 7 represent the public sector. Minister of National Economy chairs the board of directors currently H.E Abeer Odeh, representative of the Ministry of Finance acts as vice- chairman.
The importance of an existing composed private and public sector board of directors is formed by the necessity to create cooperation between both sectors to monitor and initiate needed changes in laws and procedures that could prevent investment in Palestine. Also, such a relationship initiate and develop needed policies to create an attractive and encouraging investment climate in Palestine, with participation in the implementation of needed policies and procedures that could position Palestine in an advance position within the international competitive arena
- The Public sector institutions: Tourism and Antiquities, National Economy, Telecommunication and IT, Energy and natural resources, Finance; Local Government.
- The Private Sector organizations: Federation of Palestinian Chamber of Commerce, Industry and Agriculture; Palestine Trade Centre “PALTRADE”; Palestinian Federation of Industry; Palestinian Businessmen Association.
A strong and collective relationship between the private and public sector within the PIPA’s BoD had led its members to follow a unified national investment promotion framework strategy through targeting productive sectors.
|H.E. Khalid OSAILY||Ministry of National Economy||Minister of national economy|
|N/A||Ministry of Finance||N/A|
|Ms. Reem KARAZON||Energy and Natural Resources Authority||General manager|
|Mr. Raed SHARABATI||Ministry of Local Government||General manager|
|N/A||Ministry of Communications and Information Technology||N/A|
|Mr. Tareq AlMASSRI||Ministry of National Economy||General manager|
|Ms. Nida ALAYASSEH||Ministry of Tourism and Antiquities||General manager|
|Mr. Samir HULILEH||The Palestine Trade Center (PalTrade)||PalTrade representative|
|Mr. Fawaz SHEHADEH||The Federation of Palestinian Chambers of Commerce, Industry and Agriculture||FPCCIA representative|
|Mr. Ali BARHAM||The Palestinian Federation of Industries||PFI representative|
|Mr. Haytham WAHIDI||Palestinian Investment Promotion Agency||CEO|
PIPA offer investors the necessary information to start an investment including providing assistance in obtaining all necessary licenses through PIPA’s one-stop-shop. The investment support unit offers updated information and data related to investment opportunities, expenditure and funding in Palestine.
The relationship between PIPA and investors do not end with the awarding of all the incentives and advantages that the law offer, however the relationship is continuous through PIPA’s After Care Unit. Many services and assistance are offered to current investors to solve any problems they might face while establishing their projects. Part of PIPA’s role is to monitor the existing regulations and laws that may affect the healthy investment environment.