APIC was an initiative of a number of Palestinian businessmen in the Diaspora, who wished to create a method for channeling funds and investments from interested investors from across the Arab World into Palestine.

Today APIC is the largest company involved in the manufacturing, distribution and services sector in Palestine.

APIC provides quality products and services that had only been available previously on a costly imported basis. Often these services did not exhibit the sensitivity required to operate in the complex political and social environment of Palestine.

APIC has a policy of employing only the most capable and experienced personnel and ensuring they are equipped with the most modern technologies and business practices.

APIC industrial activities vary from the production of food including meat to the production aluminum. In the services sector, APIC's subsidiaries are partnered with many international companies such as Philip Morris Tobacco, Procter and Gamble, Abbott International, Beiersdorf (Nivea), Eli Lilly, B.Braun and Hyundai Motors.

APIC is also one of the main founders and partners in the Palestine Electricity Company.