Saudi Industrial Development Company "SIDC" announces the launch of Its Strategy (2026 – 2030).

The strategy revolves around achieving institutional excellence in administrative and operational processes, enhancing competitiveness, developing business growth, and diversifying the industrial and investment portfolio, in a manner that reinforces profitability and financial sustainability, and strengthens the Company’s contribution to the development of the national economy.

The strategy is based on three main pillars:

First: Enhancing Operational Efficiency

By optimizing the cost structure, improving operational and asset efficiency, and enhancing planning and supply chain capabilities.

Second: Boosting Competitiveness and Business Growth

By enhancing product competitiveness, expanding sales channels, and improving access to customers, which in turn drives sales and enhances customer experience.

Third: Building a Diversified and Balanced Industrial and Investment Portfolio

Through evaluating current investments and activities, developing, restructuring, or divesting lower-performing businesses, and exploring entry into new investments with promising growth opportunities, to diversify revenue streams and reduce reliance on existing activities.

The impact of the strategy is expected to materialize progressively in line with implementation phases. The Company will disclose any material developments with financial impact as they occur, in accordance with the relevant laws and regulations.