Future projects
Regional Infrastructure Trunk Council (RITC)
Given the geography of the
Palestinian Territory, infrastructure must be planned with neighbouring countries.
The Portland Trust has developed a structure for coordinating the development of
regional infrastructure between Israel, Egypt, Jordan and the Palestinian Territory -
the RITC. As soon as the situation allows, we believe RITC will provide an effective
means of planning the infrastructure required. We know from other conflict zones
that it takes a number of years to plan infrastructure yet donor funds are sudden and
time-limited once a political solution is reached.
Social Venture Capital Funds
Carmel Ventures and The Portland Trust are working together to establish community development funds in
Israel. The funds will promote economic development in under-invested Israeli communities through the use of venture capital
tools. We hope to create quality jobs, wealth, entrepreneurial capacity and role models.
Grant Leveraging Facility
The Portland Trust is seeking to work with a consortium of major donors to establish a Palestinian Grant Leveraging Facility (GLF) for investment projects. In light of pressure on aid budgets and the urgent need for private sector investment and job creation, The Trust believes this is one of the most effective roles donors can play to improve the risk/return profile of significant Palestinian investment projects. The facility will target projects that generate growth, create jobs, improve living standards and bring in additional tax revenues to the Palestinian Authority. Discussions about the facility are underway with the World Bank, International Finance Corporation (IFC) and DFID.
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