Saudi Industrial Development Fund - SIDF

The Saudi Industrial Development Fund was established by Royal Decree No. (M / 3) issued on 1394 AH [1974] to realize the Kingdom’s industrial development goals and programs via financing and advisory services. With the announcement of the Kingdom’s Vision 2030 program, SIDF evolved to play a more significant role in the Kingdom’s economic growth and agenda. With a paid in capital of SAR105 billion since 2019, SIDF has been playing a more prominent role as the primary financial enabler of the National Industrial Development and Logistics Programs (NIDLP), which aims to transform the Kingdom into a leading industrial powerhouse and a global logistics hub supporting four main sectors: industry, energy, mining, and logistics. Our Vision: Industrial development fund enabling Saudi Arabia’s transformation to become an industrial powerhouse and a global logistics hub. Our Mission: Enhance ecosystem competitiveness and investments attractiveness by providing financial and non-financial offerings. Our Values: Client’s Success: We support our clients to succeed as we measure our success by theirs. Enablement: We enable others to take ownership of the work we do and the outcomes we are trying to achieve together. Team Work: We work as part of a team to achieve the growth, development and prosperity of our country. Development: Development is at the core of our business. It underpins everything we do. Reliability: We show reliability in our work and all decisions taken.

Website

https://www.sidf.gov.sa/

External link for Saudi Industrial Development Fund - SIDF

Industry

Financial Services

Company size

501-1,000 employees

Headquarters

Riyadh

Type

Government Agency

Founded

1974