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SIDF Lending Activity

Effective Performance with Promising Achievements

Lending Activity during 2021

The Fund continued its outstanding activity in the development of the local industrial sector, effectively while granting it a wide range of loans to support projects in various sectors in the Kingdom of the fiscal year 2021. The Fund’s performance this year was marked by a high percentage of loans approved by the Fund for industrial projects located in promising regions and cities; According to the facts and figures shown below:

2021 2020
Loan
Number of approved loans Loan
SR Billion
Value of approved loans SR Billion
SR Billion
Total investments SR Billion
SR Billion
Disbursed amounts SR Billion
SR Billion
Repaid amounts SR Billion

Distribution of approved loans for NIDLP sectors

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0

Industrial Projects (107 loans)

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0

Logistic Projects (5 loans)

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0

Energy Projects (5 loans)

Promising areas and cities during 2021

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0 %

Of the total value of the approved loans worth SR 5.8 Billion, compared to (15%) before implementing regulations to increase the Fund’s funding ratio for these projects.

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0 %

Of the total number of 41 approved loans, compared to 14% before the introduction of regulations to increase the Fund’s funding ratio for these projects.

Loans for SMEs Projects in 2021

The fiscal year 2021 witnessed the adoption of a high percentage of loans for SMEs.

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0 %

Percentage of total number for SMEs loans

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0

value of SMEs loans

Cumulative Lending Activity until the End of 2021

Overall, the figures achieved by the Fund from its inception to the end of the fiscal year 2021 demonstrate the success of the projects benefiting from its loans, as well as the Fund’s advisory support to these projects in technical, administrative, financial and marketing areas.

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0

Number of approved loans

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0

Value of approved loans

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0

Disbursed amounts

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0

Repaid amounts

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0 %

Total repayments to total disbursements

Economic Impact of SIDF Loans during 2000-2021

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0

Thousand

New job opportunity in funded projects

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0

SR Billion

Value of industrial exports for funded projects

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0

SR Billion

Value of funded projects purchasing local raw materials

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0

SR Billion

Value of GDP from funded projects

First: Sectoral Distibution

By reviewing the Fund’s lending activity covering the key industrial sectors in Saudi Arabia, by the value of the loans it has approved, it is clear to us the size of this activity of the last fiscal year 2021, as follows:

Sectoral cumulative distribution of the value of approved loans until the end of 2021

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1.1 Chemical Industries

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New loans approved:

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0

SR Million

to produce hydrogen gas in Jubail city

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0

SR Million

to manufacture and produce packaging products in Jubail and Hafuf cities

Cumulative loans approved until the end of 2021

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0

SR Million

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0 %

of the total value of loans

item-first

Rank first in cumulative loans value

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item-setting-2

1.2 Engineering Industries

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New loans approved:

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0

SR Million

to produce electric vehicles in Rabigh city

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0

SR Million

of Metal Casting and Roads Factory in Ras Al Khair city

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0

SR Million

to establish two projects to manufacture steel pipe and coating pipe

Cumulative loans approved until the end of 2021

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0

SR Million

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0 %

of the total value of loans

item-second

Rank second in
cumulative loans value

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item-shopify

1.3 Consumer Industries

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New loans approved:

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0

SR Million

for the establishment of a factory manufacturing white sugar in Yanbu city and the other for the manufacture of frozen potato slices and starch in Al Jowf city

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0

SR Million

to establish a factory to manufacture frozen pastry in Riyadh city

Cumulative loans approved until the end of 2021

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0

SR Million

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0 %

of the total value of loans

item-third

Rank third in cumulative loans value

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item-lift

1.4 Building Materials Industry

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New loans approved:

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0

SR Million

to set up a factory to manufacture cement panels in Yanbu city

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0

to establish a factory for the production of fiberglass rods in Dammam city

Cumulative loans approved until the end of 2021

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0

SR Million

item-circle-x-small

0 %

of the total value of loans

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item-factory

1.5 Other Industries

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New loans approved:

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0

SR Million

a project to equip prefabricated factories, and another for the project of refrigerated warehouses in Jeddah city

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0

SR Million

for logistics projects at Riyadh, Jeddah, and Dammam airports

Cumulative loans approved until the end of 2021

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0

SR Million

item-circle-x-small

0 %

of the total value of loans

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Second: Geographical Distribution

Figure of geographical distribution of total SIDF approved loans, in terms of number and value of loans, across regions of the Kingdom until the end of 2021

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Percentage Distribution of Approved Loans in 2021

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Cumulative Percentage Distribution of Approved Loans until end of 2021

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2.1 Riyadh Region

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Cumulative loans approved until the end of 2021

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0

Loans

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0 %

of the total number of loans

item-first

Rank first in number of loans

item-db

0

SR Million

item-circle-x-small

0 %

of the total value of loans

item-third

Rank third in value of loans

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2.2 Makkah Region

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Cumulative loans approved until the end of 2021

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0

Loans

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0 %

of the total number of loans

item-third

Rank third in value of loans

item-db

0

SR Million

item-circle-x-small

0 %

of the total value of loans

item-second

Rank third in value of loans

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2.3 Eastern Region

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Cumulative loans approved until the end of 2021

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0

Loans

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0 %

of the total number of loans

item-first

Rank third in value of loans

item-db

0

SR Million

item-circle-x-small

0 %

of the total value of loans

item-second

Rank third in value of loans

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2.4 Medina Region

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Cumulative loans approved until the end of 2021

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0

Loans

item-circle-small

0 %

of the total number of loans

item-forth

Rank fourth in number of loans

item-db

0

SR Million

item-circle-x-small

0 %

of the total value of loans

item-forth

Rank fourth in number of loans

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2.5 Asir Region

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Cumulative loans approved until the end of 2021

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0

Loans

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0 %

of the total number of loans

item-sixth

Rank fourth in number of loans

item-db

0

SR Million

item-circle-xxx-small

0 %

of the total value of loans

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2.6 Hail Region

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Cumulative loans approved until the end of 2021

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0

Loans

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0 %

of the total number of loans

item-seventh

Rank sixth in number of loans

item-db

0

SR Million

item-circle-xxx-small

0 %

of the total value of loans

item-ninth

Rank fourth in number of loans

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2.7 Al-Qassim Region

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Cumulative loans approved until the end of 2021

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0

Loans

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0 %

of the total number of loans

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Rank fifth in number of loans

item-db

0

SR Million

item-circle-xxx-small

0 %

of the total value of loans

item-seventh

Rank seventh in number of loans

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2.8 Other Regions of the Kingdom

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Cumulative loans approved until the end of 2021

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0

Loans

item-circle-xx-small

0 %

of the total number of loans

item-db

0

SR Million

item-circle-xx-small

0 %

of the total value of loans

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2.9 Promising Regions and Cities

The SIDF Board has adopted new regulations and features that outline the percentage of SIDF financing for industrial projects in promising regions and cities across the Kingdom. These regions are located outside the parameters of central Saudi regions and cities. The initiative was in response and compliance with Resolution no. 296, issued by the Council of Ministers on 14/10/1432H (12/09/2011), with a vision for the industrial sector to transform and expand into a regionally-inclusive sector. The Resolution approved raising loans granted by SIDF for projects in less developed regions and cities (promising regions), covering up to 75% of the total project cost -- rather than 50%-- and extending the loan repayment period to up to 20 years rather than 15.

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Cumulative loans approved until the end of 2021

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0

Loans

item-circle-xx-small

0 %

of the total number of loans

item-db

0

SR Million

item-circle-x-small

0 %

of the total value of loans

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Third: Approved Loans Classified by Financial Program and Product

Applying SIDF strategy to support the diverse industrial activity environment in the Kingdom on an ongoing basis; In an effort to create attractive and promising investment environments through which to motivate all investors in start-ups, promote digital transformation and increase the energy efficiency of existing projects; SIDF has launched an integrated package of specialized financing programs and products, including:

3.1 Financial Programs in 2021

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“Tawteen” program to raise local content through partnerships with major companies

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“Tanafusiya” program to improve factory efficiency and support automation to raise productivity and competitiveness

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0

Loans

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0

Loans

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0

SR Million

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0

Loans

item-factory-3

“Afaq” program to enable SME Empowerment

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The “Land and Loan” program is integrated with a number of government and private entities

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“Mutajadeda” program to stimulate investments in the renewable energy components industry and support independent energy projects

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0

Loans

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0

SR Million

3.2 Financing programs from launch to 2021

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3.3 Financing Products in 2021

Working Capital Financing

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0

Loans

item-db

0

SR Million

Multipurpose Financing

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0

Loans

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0

SR Million

Letter of Credit with Local Banks

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0

Letters of Credit

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0

SR Million

3.4 Financing Programs from launch to 2021

Working Capital Financing

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0

Loans

item-db

0

SR Billion

Letter of Credit with Local Banks

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0

Letter of Credit

item-db

0

SR Billion

Multipurpose Financing

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0

Loans

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0

SR Million

Financing supply chains

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0

Loan

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0

SR Million

Fourth: Financing Foreign and Joint Ventures

Since its inception, SIDF has been encouraging foreign and joint ventures industrial projects and achieving industrial ambitions in line with the aspirations of the Saudi Vision 2030. Attracting FDI is one of the objectives of the Strategic National Transformation Program to contribute to empowering the private sector, attracting and transferring the Kingdom’s modern technology and creating new jobs for citizens. In addition to its pivotal role in opening up global markets for national products, SIDF has paid particular attention to attract foreign investment, especially with long-standing global companies. Whether with Saudi partners or wholly foreign ownership, these projects are dealt with on the same basis as those owned by Saudi investors.

4.1 Approved loans for foreign and joint ventures during 2021

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0 +

Loans

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0 %

of the total approved loans

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0

SR Million

Loans

item-circle-small

0 %

of the total value of approved loans

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0

Projects in Consumer Industries

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0

Projects in Chemical Industries

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0

Projects in Engineering Industries

Impact of financing foreign and joint ventures during 2021

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0 +

Job opportunity provided out of a total of 11,812 jobs

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0 %

Of total employment opportunities in projects loaned by SIDF

4.2 Cumulative loans approved for foreign and joint ventures until end of 2021

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0

Loans

item-db

0 %

of the total number of approved loans

item-db

0

SR Billion

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0 %

of the total value of approved loans

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0 %

Average foreign partner’s contribution to joint ventures

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0 %

Projects in the chemical industries

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0 %

Project in engineering industries

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0 %

Projects in consumer industries

Fifth: Projects Started Production in 2021

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