Tourism

PADICO HOLDING’s investments in the tourism sector amounted to USD 54.28 million, representing almost 9% of the company’s total investment portfolio at the end of 2014. PADICO HOLDING’s investments in the tourism sector have all been merged under Jerusalem Development & Investment Company (JEDICO), the Company’s arm for tourism investment.

The following table demonstrates PADICO HOLDING’s investments in the tourism sector


 

Company Accounting 
Classification
Subscribed Capital 
(USD million)
Percentage of Direct 
and Indirect Ownership (%)
Jerusalem Development & Investment Company Subsidiary 64.1 100.00

      

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