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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). IPS’ core sectors include agroindustry, renewable power, telecommunications and healthcare.
To enable industrialisation and modernisation as well as reduce reliance on expensive imports, IPS promoted the manufacturer of goods for the domestic market.
In response to changing trade reforms, IPS established several industries that produce high-value-added products using locally sourced materials for the export market.
Renowned for establishing sustainable private enterprises, IPS secured multiple bids to privatise state-owned industries specialising in leather and packaging.
IPS ventured into groundbreaking infrastructure projects in energy and telecommunications, fostering private-public partnerships and innovative financing models.
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.












Dubai World Trade Centre
Sheikh Rashid Tower
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