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Grupo SID makes a social investment for DOP$500 Millions in favor of communities

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Grupo SID makes a social investment for DOP$500 Millions in favor of communities

Grupo SID annually develops a broad social investment program in favor of communities, families, art, culture and institutional support with a public-private alliance profile.

Within the framework of its “Actions that leave traces” plan, Grupo SID has contributed some RD$500 million in the last five years with an annual average of RD$100 million in socially responsible executions.

Among them, the renovation of Avenida de la Salud, support for the Mental Health Unit of the Santo Socorro Hospital, Parador La Confluencia and the “Letras Chiquitas” Children’s Libraries, which constitute contributions under public-private alliances.

In the area of communities and families, Grupo SID makes donations of products in different social welfare campaigns, with support for neighborhood associations, clubs and community associations and has developed activities such as “Induveca makes history in your life” and “Homes full of flavor ”, in addition to humanitarian aid with the support of the international association Word Central Kitchen.

“We celebrate 85 years of continuous presence in the Dominican Republic, accompanying the well-being of citizens and making our growth spill over into the communities that are an essential part of our continuity as a leading business group in the national industry,” said the Executive President of the Group. SID, Ligia Bonetti.

According to a report on social responsibility actions, Grupo SID promotes in its line of “art and culture” the carnivals of La Vega, the National District, Santiago and Cristo Rey, contributes to the publications of books on history, art, gastronomy, culture, as well as with the realization of art murals and exhibitions of different Dominican artists.

Likewise, support for the Civil Defense, the Red Cross, embassies, churches, foundations, reception centers and other entities are part of the social arm of Grupo SID in non-profit institutions and associations.

Grupo SID is a business conglomerate from the Dominican Republic that has more than 2,000 products under its umbrella and is present in 17 countries. It is made up of the companies MercaSID, Induveca, Induspalma, Leones del Escogido and the Next fuel stations.

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