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 Distribution of Loans by Sector

 

Chemical Industries:

Cumulative Loan Amount:

This sector has been leading all other sectors with a total loan amount of SR 59,588 million representing 40.3% of the total value of loans approved by the Fund since its inception until the end of the fiscal year 1438 / 1439H (2017).

Approved Loans During 1438 / 1439H (2017):

During 1438 / 1439H (2017), SIDF approved 48 loans for this sector valued at SR 6,770 million. They represent 35% and 64% of the total number and value of loans approved during the year respectively and ranking this sector first in terms of the number and value of approved loans. The loans helped the setting up of 42 new projects and expansion of 6 existing ones.

Among the loans committed to this sector were 4 loans valued at SR 3,200 million to set up two benzene projects in Yanbu, one loan of SR 900 million for a soda ash project in Ras Alkhair, two loans of SR 800 million for two linear alkyl benzene and solvent projects in Yanbu, two loans of SR 95 million for two medical waste management projects in Jubail and Sudair and a loan of SR 300 million for a petroleum coke project in Jubail.

The Fund's approved loans to expansion projects included two loans of SR 479 million for ethylene and monoethylene glycol plants in Jubail, and a loan of SR 29 million for a plastic container project in Jeddah.

 

 

Engineering Industries:

Cumulative Loan Amount:

This sector comes second with a total loans amount of SR 30,770 million representing 20.8% of the total value of loans approved by the Fund since its inception until the end of the fiscal year 1438 /1439H (2017).

Approved Loans During 1438 / 1439H (2017):

During 1438 / 1439H (2017), SIDF approved 36 loans for this sector valued at SR 2,222 million, representing 26% and 21% of the total number and value of loans approved during the year respectively and ranking this sector third and second in terms of the number and value of approved loans respectively. The loans helped setting up of 33 new projects and expansion of 3 existing ones.

The loans committed to this sector included two loans of SR 1,289 million for gold alloy projects in Taif and Abha, two loans of SR 471 million for gas turbine projects in Dammam and Sudair, two loans of SR 63 million for metal structure projects in Dammam and Makkah Mukarramah, one loan of SR 37 million for a sand filter project in Dammam and one loan for a pump project in Sudair.

SIDF loans extended to expansion projects in this sector included two loans of SR 32 million for steel pipe and alloy projects in Dammam and a loan of SR 21 million for a wire factory in Jubail.

 

 

Consumer Industries:

Cumulative Loan Amount:

This sector comes third with a total loans amount of SR 24,057 million representing 16.2% of the total value of loans approved by the Fund since its inception until the end of the fiscal year 1438 / 1439H (2017).

Approved Loans During 1438 / 1439H (2017):

During 1438 / 1439H (2017), SIDF approved 39 loans for this sector valued at SR 1,233 million, representing 28% and 12% of the total number and value of loans approved during the year respectively and ranking this sector second and third in terms of the number and value of approved loans respectively. The loans helped setting up of 34 new projects and expansion of 5 existing ones.

The loans committed to this sector included a loan of SR 224 million for a water distillation plant in Khafji, a loan of SR 74 million for a fish processing factory in Rabigh, 3 loans of SR 57 million for feedstock projects in Nairyah (two) and Tabuk (one), and a loan of SR 35 million for a textile factory in Riyadh.

The loans extended to expansion projects included a loan of SR 442 million for a milk processing project in Kharj, two loans of SR 42 million for water bottling projects in Tabuk and Wadi Aldwaser and a loan of SR 27 million for poultry feed in Yanbu.

 

 

Cement Industry:

Cumulative Loan Amount:

This sector comes fifth with a total loans amount of SR 12,503 million representing 8.5% of the total value of loans approved by the Fund since its inception until the end of the fiscal year 1438 / 1439H (2017).

 

 

Other Building Materials Industries:

Cumulative Loan Amount:

This sector comes fourth with a total loans amount of SR 13,965 million representing 9.4% of the total value of loans approved by the Fund since its inception until the end of the fiscal year 1438 / 1439H (2017).

Approved Loans During 1438 / 1439H (2017):

During 1438 / 1439H (2017), SIDF approved 8 loans for this sector valued at SR 153 million, representing 6% and 1.5% of the total number and value of loans approved during the year respectively and ranking this sector fourth and fifth in terms of the number and value of approved loans respectively. The loans helped setting up of 7 new projects and expansion of one existing project.

The loans committed to this sector included a loan of SR 28 million for a marble tile project in Turaif, two loans of SR 24 million for glass sheet projects in Jeddah and Hail. One red brick project in Nisah was supported with an expansion loan of SR 77 million.

 

 

 

Other Industries:

Cumulative Loan Amount:

This sector comes sixth with a total loans amount of SR 7,056 million representing 4.8% of the total value of loans approved by the Fund since its inception until the end of the fiscal year 1438 / 1439H (2017).

Approved Loans During 1438 / 1439H (2017):

During 1438 / 1439H (2017), SIDF approved 6 loans for this sector valued at SR 193 million, representing 4% and 2% of the total number and value of loans approved during the year respectively and ranking this sector fifth and fourth in terms of the number and value of approved loans respectively. The loans helped setting up of 4 new projects and expansion of two existing ones.

The loans committed to this sector included a loan of SR 12 million for a warehousing project in Riyadh, and the expansion loans included a loan of SR 155 million for water distribution in the industrial cities of Jubail.

 

 

 

Projects Which Commenced Production During 1438 / 1439H (2017):

SIDF-financed industrial projects which started commercial production during 1438 / 1439H (2017) totaled 47 projects, out of which 34 are new and 13 are expanded as shown below: