Swaziland Industrial Development Company
Welcome to SIDC
Swaziland Industrial Development Company Limited (SIDC) was formed in 1987 as a joint venture between the Government of the Kingdom of Swaziland and major International finance institutions (The DEG of Germany, CDC of UK, FMO of Holland, Proparco of France and IFC (World Bank). These financial institutions sold their shareholding in 2008 to Swaziland National Provident Fund (SNPF) and Intenueron Investment Trust. It is a private development company committed to supporting its customers with quality services in the financing of projects through equity, loans, finance leasing and factory buildings for lease.
SIDC primary corporate objectives are:
Create wealth for the Swazi economy
Increasing the value of its shareholders' investments
Practising cost-efficient management
Achieving profits in its operations.
SIDC fulfills its role by promoting and investing in financially viable projects in the sectors of:
- Property Development
In order to carry out its corporate objectives and achieve high performance standards,
SIDC fosters an environment which:
- Promotes teamwork and ethical behaviour among its Stakeholders
- Recognises employee contribution;
- Encourages the full use of Human capital.