Saudi Industrial Development Fund (SIDF)
Brief outline
SIDF is a Government financial institution established in 1974.
It provides financial support and advisory to several promising new industries, mining, energy, and logistics sectors.
–Industry: Provides lending incentives to industrial projects in regions and cities with a promising future up to 75% of the cost of eligible projects
–Mining: Financing mining projects for all minerals up to 75% of the costs of eligible projects. Financing is the final stage of the exploration process, which includes drilling and preparation of mines.
–Energy: Financing renewable energy components manufacturing and renewable IPP through the Mutajadeda program and financing energy efficiency through the Tanafusiya program
Technical support through SIDF Academy Technical Support Services
Matchmaking through the Saudi Advanced Manufacturing Hub (Saudi AMHUB)
- Business matching
- Exhibition/Forum
- Financial support
- Technical assistance
