About

Inspired by a daring vision to pave the way for success in Saudi Arabia's industrial sector, the Saudi Industrial Development Fund (SIDF) was established to play a leading role in implementing development policies and programs. This vision positions SIDF as the primary financial enabler for the country’s industrial transformation. The Industrial Fund was created to promote industrial investment opportunities, strengthen the local industry, and enhance its performance. These goals are achieved by fostering the development of industrial sectors, boosting competitiveness, and supporting strategic initiatives. SIDF has introduced a new suite of financial products and services through the National Industrial Development and Logistics Program (NDLP) as part of its efforts to achieve Vision 2030’s objectives. NDLP contributes to the economy by adding SR 1.2 billion to GDP, creating jobs, improving the balance of payments, and strengthening local content.

Eligibility

• The client must provide the essential legal documents including commercial registration and industrial licence in addition to submitting a creditworthiness covering the amount of the loan.