About Us

Corporate Values & Executive President's Message

Ibrahim M. Al-Humaidan

Since its inception in late 2007, CDC have came across tremendous challenges, created excellent add value and positioned itself very carefully to take advantage of the upcoming market upturn in this decade. During the past two years, global market recession impacted the global economy and negatively affected local growth. In spite of that, CDC maintained its gradual progress, focus and momentum which resulted in a very successful two major projects, one is due to start construction in Jubail and the other is in final planning phase in rabigh. Two affiliates were formed to run and operate these two major investments, i.e. Mutajadedah Energy company and Control PET Gulf, both of which CDC have a direct management role.

CDC is building a very unique and specialized portfolio to establish a new bench market in the Local Saudi Industry and clearly distinguish itself from conventional local players. The world technology is advancing rabidly and new way and means of doing business and new sectors are becoming essential for our investors to consider. Renewable, solar energy, semiconductor, specialty chemical, and electromechanically and chemical industries are the future of mankind. New energy sources, new metal and new material applications are CDC main vision.

We try to be different in our thinking, in our investments, in our visions, and in our passion with our home market and country. We are made of three colors and three letters, Blue; which is the sky Clouds as our limits, Black which is our Determination to succeed and white which is our Clear goals and believes.