Saudi Industrial Development Fund

[1] The SIDF was established to provide mid-term and long-term loans to the private industrial sector.

[3] In 2018, the fund had appropriations of more than US$2.4 billion, which has led to the establishment of 108 industrial projects.

[4] SIDF previously financed only local manufacturing businesses, but in 2019 SIDF started to finance energy, logistics and mining projects in Saudi Arabia.

[5] SIDF exerts all efforts to maintain its pioneering role in the development of the local industrial sector and keep abreast with the latest developments.

Saudi Vision 2030, It attains this goal by pushing for integration with government entities,[6] and expands the reach of its support to cover a number of promising sectors in the areas of industry, energy, mining, and logistics.