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 Mining Sector

​​The mining sector is one of the major target investments of Vision 2030 due to the availability of untapped mineral resources in the Kingdom in addition to its geographical location which serves as a linking hub between the three continents.


SIDF aims to:

  • Develop the mining sector and increasing its contribution to non-oil gross domestic production and increasing job opportunities
  • attract domestic and foreign investment in the Kingdom.

Financing Options:

  • Financing mining projects for all types of minerals, with a financing rate of 75% of the costs of eligible projects.
  • Financing advanced exploration activities "Delineation phase", which includes drilling and mine preparation activities .
  • Backing support services companies that contribute to raising the added value and the sustainability of the mining sector in the Kingdom.​