IZDEHAR | Palestine Prosperity Investment & Development

Overview

Established in July 2019, Palestine Prosperity Investment & Development Corp., known as IZDEHAR, is a $100 million investment firm based in Hebron, Palestine. The firm was founded by a group of development-driven investors aiming to strengthen the Palestinian economy by initiating and developing complex projects in partnership with private sector investors, development financial institutions, international financial institutions, and donors. IZDEHAR operates on the belief that private sector-led initiatives are crucial for long-term economic growth in developing and complex markets like Palestine. The firm provides a pool of readily available risk capital for project construction and operation. IZDEHAR focuses on essential infrastructure needs, including energy, industrial zones, waste management, education, health, religious tourism, technology, agriculture, and affordable housing. The firm's strategy involves identifying and developing large-scale, commercially viable projects from the idea stage until financial closure, aiming to reduce the inherent risks by strategically structuring their financial and legal frameworks. Projects are selected based on their potential to build the foundation and infrastructure for an independent state with a strong, viable economy and to create long-term professional employment opportunities across various sectors. The firm's long-term vision is to develop a pipeline of $1.1 billion investment projects in Palestine. This initiative comes at a critical time as Western donors continue to halt donations, and the Palestinian Authority faces fiscal deficits. IZDEHAR's model addresses the inadequacy of private investment in the Palestinian Territories, particularly in the infrastructure sector, which requires large capital investments and has longer horizons for returns, bearing a higher risk profile. Without additional large-scale interventions, these infrastructure needs will not be met, potentially stunting economic development and impacting state-building progress. Therefore, private sector initiatives like IZDEHAR are essential to alleviate the infrastructure deficit in Palestine through the use of de-risking instruments to channel investment.

Investment Focus

• Equity and debt instruments for development projects at various stages (greenfield and up)
• Tailored interventions meeting investors' and debtors' partnership and lending criteria

Portfolio Companies