United Development Company PSC (UDC) is one of Qatar’s leading private sector shareholding companies. UDC’s mission is to identify and invest in long-term projects contributing to Qatar’s growth and providing good shareholder value. The company was established in 1999 and listed on the Qatar Exchange in June 2003.
It has an authorized share capital of US$ 448 million and total assets of more than US$ 5.2 billion as of 31 December 2011. UDC’s target areas of interest include: infrastructure, energy-intensive industries, hydrocarbon downstream manufacturing, real estate, maritime and environmentrelated businesses, urban development and utilities, hospitality, retail and fashion, information technology, media and communications, insurance and other services.
Through a combination of project activities and commercial enterprise, UDC has developed into the first-choice private sector and joint venture partner for international investors in Qatar, and has successfully established several new companies and investment vehicles across the region.