Our corporate strategy ACT - H3; stands for Agility, Creativity and Tenacity to be achieved through H3, Head, Hands and Heart and represents our increased focus on the way we work.
Our strategic focus remains towards developing a robust, high impact engineering sector portfolio, to strengthen our position in Pakistan’s engineering industry and maintain and grow our position as a leading steel line pipe producer for the Pakistan market.
In cascading our strategic objectives across the organization, we have formulated strategic perspectives for different time-frames, to aid us in developing strategic actions across various functions of the organization and to monitor outcomes. The basis is our purpose which is defined by the vision and mission statements. Based on this and guided by our Core Values, we steer the Company with a medium-term strategy, focused on the following priorities:
- Improving returns and delivering growth
- Delivering growth and development in natural gas, LNG and water/sewerage management and to bring innovation in construction applications – through our contribution to infrastructure development
- A strong, high performance corporate culture
- A strong corporate structure to withstand periods of inactivity in core businesses
- Capital management and liquidity
The operational objectives of our strategy, which are based on four perspectives, are a balanced product offering, strong corporate structure, technological leadership, skills adequacy, a leading position in the market segments relevant to us, agility, customer focus and community care.
To advance our objectives, we plan to pursue the following business strategies:
- Enhance leading position in Pakistan line pipe market and provide value added solutions to help deliver growth in LNG and natural gas transmission upcountry
- Develop strong social and relationship capital and provide meaningful inputs to regulators, legislators, policy makers, shareholders, customers and government bodies
- Support the national security objective of delivering a sustainable national water transmission / management network
- Work to develop innovative construction practices locally; create a market for piling solutions
- Leverage technical expertise and know how to provide pipeline services, solutions and consultancy
- Target opportunities for participating in regional pipeline projects
- Reducing our energy dependence by investing in renewable energy systems
- Leverage engineering expertise to build ancillary business lines in the steel long products segment / secondary steel markets
- Strengthen our culture of high performance and continue to assess ourselves with fairness
- Live our Core Values
