Cement Industry Investment and Development Company

Established in 2003, the Cement Investment and Development Company, symbolized by SIDCO, focuses on enhancing the cement industry.

Company Objectives

  • Optimize asset and investment management within the cement sector while divesting from unprofitable, low-yield, and unrelated businesses.
  • Improve and restructure the stock portfolio of companies to boost market share.
  • Implement cutting-edge marketing strategies and sales engineering to maintain and expand domestic and export markets, thereby increasing market influence in subsidiary companies.
  • Expand production, domestic sales, and exports compared to competitors and establish competitive advantages.
  • Enhance capacity, quality, and product diversity taking advantage of existing competitive strengths in subsidiary companies.
  • Elevate productivity metrics, strengthen organizational capabilities, and develop human resources both qualitatively and quantitatively in the subsidiaries.
  • Revise and improve management structures and practices within subsidiaries.
  • Achieve the highest customer satisfaction standards in the industry and become the preferred customer choice.
  • Develop and expand technological, scientific, and managerial capacities within the subsidiaries.
  • Create an up-to-date and efficient information system through systematic and software advancement in subsidiaries.
  • Utilize modern financial tools and strategies for managing the financial resources of subsidiaries.
  • Foster synergy and manage the value chain across subsidiaries.
  • Optimize fuel and energy management to reduce their cost impact on product pricing in subsidiaries.
  • Commit to sustainable environmental practices and lead in social responsibility efforts.
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