Inspired by a daring vision to blaze a path to success for the industrial sector in Saudi Arabia, the Saudi Industrial Development Fund (SIDF) was founded to play a leading role in effectuating development policies and programs. This vision recognizes SIDF as the primary financial enabler for the industrial transformation in Saudi Arabia.
The Industrial Fund was set up to operate a vital role in promoting industrial investment opportunities, strengthening the local industry, and enhancing its performance. All these measures are realized by contributing to the formation of industrial sectors, boosting competitiveness, and sustaining strategic initiatives.
SIDF exerts all efforts to maintain its pioneering role in the development of the local industrial sector and keep abreast with the latest developments. It attains this goal by pushing for integration with government entities, and expands the reach of its support to cover a number of promising sectors in the areas of industry, energy, mining, and logistics.
SIDF was established in 1394 AH as a government financial institution to realize the objectives, policies, and programs of industrial development in Saudi Arabia. Such objectives are aimed at supporting the private sector in various industrial fields, financing and developing the industrial sector in conjunction with government entities. SIDF paves the way for the private sector to engage in constituting and sustaining a national industrial base effectively and adequately.
SIDF endeavored to scrutinize the local industry and conducted several sectoral, industrial, and marketing studies to manage and support several financing programs, including:
1439 AH announced a new chapter in SIDF's journey, as the Council of Ministers approved the amendment of SIDF's Basic Law. This transformation broadens its reach to support a number of promising new sectors in the fields of industry, mining, energy, and logistics.
SIDF has introduced a new package of financial products and services through the National Industrial Development and Logistics Program (NDLP) as a breakthrough in its quest toward realizing Vision 2030. NDLP contributes by adding SR 1.2 billion to GDP, generating jobs, improving the balance of payments, and strengthening the local content.
We support our clients to succeed as we measure our success by theirs.
We enable others to take ownership of the work we do and the outcomes we are trying to achieve together.
We work as part of a team to achieve the growth, development and prosperity of our country.
Development is at the core of our business. It underpins everything we do.
We show reliability in our work and all decisions taken.
SIDF provides financial support and advisory. Innovation is vital to the advancement and development of the local industry, therefore SIDF offers innovative solutions to raise and improve its level of performance. The measures taken to achieve these strategic objectives include:
