:: idc....the home of business development

The Industrial Development Corporation of Zimbabwe Limited (IDC) is a vibrant, successful and living testimony of public-private sector partnerships in Zimbabwe and beyond. IDC was incorporated through its enabling Act (Chapter 14.10) in 1963 to invest in industry as a state agency. IDC, however, is unique in that it is also registered in terms of the Companies Act (Section 3).

The IDC Act allows the Corporation to promote investment and economic co-operation across all borders. The Act stipulates that all undertakings of the Corporation be considered strictly on their economic merits. Accordingly, the Corporation is specifically prohibited from serving a purely social or benevolent function. The Corporation is therefore required to operate on a financially self-sustaining basis, irrespective of other considerations or whatsoever.

IDC has been in business for 42 years. during which it has built a sustainable investment portfolio supplying quality products at competitive prices to both local and export markets. Over the years, IDC have managed to provide sustainable returns on investment for most of the investors, whom it partnered with.

The Corporation identifies and develops industrial project opportunities into commercially viable ventures in partnership with local, regional and international investors and technology partners. IDC have stood the test of the times, and its business portfolio has grown tremendously over the years, covering a wide range of industries. Currently, IDC is pursuing other exciting projects to continue the industrialization process.