Investment in the Periphery – Socio-Economic Development

The Company’s operational model and policy are strategically focused on peripheral areas due to the business opportunities in these regions and land availability. We aim to provide shared value to the Company, its partners, and the communities in which it operates. The shared value arises, among other things, from the direct income our partners generate from the projects, municipal tax payments, and the development of electricity infrastructure in the localities where we operate. Additionally, Doral’s activities contribute to creating extensive employment opportunities in the supply chain due to the need for a wide variety of suppliers and workers in each project.

The Business Development Department in Israel works to expand operations and create deals in kibbutzim and moshavim throughout Israel, in addition to those where we already operate. As part of the projects carried out by the Company, upgrades to electricity infrastructure have been implemented, and tens of thousands of meters of old asbestos roofs, which have the potential to cause lung diseases, have been replaced. Furthermore, Doral has established and continues to establish roofing for sports fields, enabling the community to enjoy these fields during both the hot summer months and the rainy winter months. Additionally, part of the profits from joint ventures is donated back to the local community to meet their needs, such as installing air conditioners in community centers, purchasing mobility scooters for the elderly population, and more.

The Business Development Department in Israel maintains constant contact with our partners in the periphery and continues to expand and develop the Company’s project portfolio in these areas