For more than 30 years Zamil Group has taken a carefully planned and strategic approach to expanding and diversifying its activities. The creation of a viable industrial base in the Kingdom of Saudi Arabia - paralleling that of the oil industry - includes the establishment of large industrial cities in Jubail and Yanbu; the building of a master gas system enabling the utilization of precious resources for basic chemical projects; the establishment of Saudi Arabian Basic Industries Corporation (SABIC), which supports Zamil Group’s industries with steel and chemical products; and the establishment of the Saudi Arabian General Investment Authority (SAGIA).
This industrial base, along with Zamil Group’s vision, took advantage of the many opportunities presented, starting with building materials industry, followed by an active industrial diversification strategy, that resulted in the rapid and successful development of its manufacturing industries. These are complemented by a number of success factors, which include Zamil Group's strategic vision, the commitment of senior management, development team expertise and extensive experience and market knowledge.
Integral to achieving sustained and continued growth and development is Zamil Group’s ability to provide clear vision and long-term strategic direction for its companies. This is undertaken through Corporate Business Development and Strategic Planning functions which identify and develop new project ideas and ensure the maximisation of intra-company synergies to achieve incremental growth.
A methodical approach to business development focuses on identifying project opportunities; undertaking activities in technology screening; conducting feasibility studies, compiling shareholding and sales agreements, outlining execution schedules; and sourcing funds.
Other core elements of this process include identifying strategic partners and planning necessary resources to implement projects. This entails ensuring feedstock supply, recruiting key personnel and appointing consultants, as well as applying for necessary governmental licenses and permits. Additional activities also include introducing pioneering technologies, assisting with acquisition and merger transactions, and forming strategic partner alliances.
Zamil Group’s industrial activities have been diversified through investments in steel, air conditioning, plastics, glass, chemicals, petrochemicals, energy, ship building and ship repair and services.