Industrial Promotion Services (K) Ltd – Sustainability is embedded in our purpose

Sustainability is embedded
in our purpose.

About Us

Improving the quality of life through sustainable development

Industrial Promotion Services (IPS) is the infrastructure and industrial development arm of the Aga Khan Fund for Economic Development (AKFED), which is an affiliate of the Aga Khan Development Network (AKDN).

At IPS, sustainability is embedded in our purpose. We believe in building a future that is sustainable, resilient, and conducive to the well-being of all. Our mission is clear, to enhance the quality of life for people by championing the development of sustainable businesses across various sectors. IPS and its group of companies have committed to achieving net zero by 2025 and we are engaging our direct suppliers to address their own greenhouse gas emissions.

Our Guiding Principles

Guided in ethical stewardship

Promoting economic development
Investing in financially sustainable and ethical projects
Sponsor and promoter of catalytic and pioneering projects
Collaborating with local and international development partners
Creating profitable, sustainable enterprises through long-term investments
Rehabilitating industries for market transition through privatisation

Geographical Footprint

Scaling Across the Regions

Our Sectors

20+ Project Companies in Diverse Sectors

Our History

1960

Import Substitution

To enable industrialisation and modernisation as well as reduce reliance on expensive imports, IPS promoted the manufacturer of goods for the domestic market.

1980

Export Orientation

In response to changing trade reforms, IPS established several industries that produce high-value-added products using locally sourced materials for the export market.

1990

Privatisation

Renowned for establishing sustainable private enterprises, IPS secured multiple bids to privatise state-owned industries specialising in leather and packaging.

2000

Infrastructure Development

IPS ventured into groundbreaking infrastructure projects in energy and telecommunications, fostering private-public partnerships and innovative financing models.

2020

Low Carbon Economy

IPS embarked on a journey to green its businesses to be vehicles that capture economic value by improving the quality of life, and protecting and restoring nature.