Our Impact

Why Establish or Invest in Palestine: 

• Robust Infrastructure and High Standards: Considerable investments in facilities and equipment to comply with international standards and requirements have led to a high diversification of targeted import countries in the global market, a high technological level, and the capability to satisfy the overwhelming regional demand for associated products. Over the last 25 years, Palestinian pharmaceutical companies have expanded capacities and product lines at a rate of 7-10 percent per annum. In this context, the pharmaceutical sector has been identified as one of the priority sectors in the National Economic Strategy (NES), possessing the highest export potential rank among Palestinian export products. The sector is exporting its products to a large number of countries, including the EU.
• Positive Business and Investment Environment: Not only does Palestine boast a skilled workforce, but it also features an efficient banking system and the availability of necessary infrastructure across all sectors throughout nearly the entire country. According to the World Bank, the business environment in the West Bank and Gaza is highly favorable compared to much of the rest of the region. Palestine performed particularly well globally and regionally in terms of protecting investors (49th globally and 4th regionally) and paying taxes (55th globally and 10th regionally). The framework for investor protection includes the Investment Promotion Law, with the Palestinian Investment Promotion Agency as the responsible body for investment promotion and providing extensive assistance to investors. The Palestinian Industrial Estate and Free Zone Authority (PIEFZA) is responsible for the investment and supervision of investments in the industrial estates.

Socio-Economic Impact of Alison Pharmaceuticals

• Job Creation: Alison Pharmaceuticals has a significant socio-economic impact on the community, particularly through job creation in Jericho. The operation and maintenance of our manufacturing site require additional personnel, providing numerous employment opportunities for local residents. This initiative helps to lower unemployment rates in the area and enhances the standard of living for many families.
• Boosting the Local Economy: Alison Pharmaceuticals also positively impacts the local economy. Increased production capacity leads to higher company revenues, which in turn results in greater tax revenue for the government. Furthermore, our operations provide opportunities for local businesses since we require goods and services from area suppliers. This engagement helps to stimulate the local economy and creates a ripple effect of economic growth.