Lapidoth Capital

Additional Details

Lapidoth Capital Ltd. is a large Israeli construction, infrastructure, and drilling company. Its subsidiaries, Africa Israel Residences and Danya Cebus, are involved in several construction and infrastructure projects in Israeli settlements in the occupied Palestinian territory. This involvement has led to the company's inclusion in various human rights reports, monitoring databases, and United Nations-related documentation. Outside of Israel, Lapidoth and its subsidiaries do business in the U.S. as Danya Cebus Holdings US Inc. They also operate in Romania and Poland. Lapidoth subsidiaries Africa Israel Residences and Danya Cebus have a long history of building residential and commercial projects in illegal Israeli settlements in the occupied West Bank. This includes large residential neighborhoods with thousands of housing units in the illegal settlements of Ma'ale Adumim and Modi'in Illit, as documented by Who Profits. Having been excluded from some pension funds because of these activities, Africa Israel publicly stated in 2010 that it and its subsidiaries are not "involved in" and do not have "any plans for future involvement in development, construction or building of real estate in settlements in the West Bank." However, shortly after this statement, Danya Cebus started building 121 housing units in Gilo, an illegal settlement that is part of occupied East Jerusalem. Danya Cebus has also conducted infrastructure work for other controversial projects, such as the underground wall around the blockaded Gaza Strip and the "American Road," a highway in occupied East Jerusalem that will reportedly displace hundreds of Palestinians. Previously, it built a shopping mall for Rami Levi in the Atarot Industrial Zone in occupied East Jerusalem, as well as residential dormitories for 1,600 students at the Hebrew University in occupied East Jerusalem. -- Lapidoth Capital : Listed on TASE (LAPD) Danya Cebus : Listed on TASE (DNYA)