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 SIDF Presents Investment Opportunities and Incentives in Jeddah Chamber of Commerce and Industry

SIDF Presents Investment Opportunities and Incentives in Jeddah Chamber of Commerce and Industry

 

SIDF presented its role in the development of the industry, financing opportunities, challenges of the industrial sector, and financing regulations and mechanisms during the gathering held by Jeddah Chamber of Commerce and Industry in the presence of industrialists and entrepreneurs in the region. At the beginning of the gathering, Mr. Abdulkarim Al-Nafie spoke about SIDF's history and role in supporting the industrial investment, types of projects it finances, and the services it provides for industrial investors. He added "considering the need for expanding the industrial sector and encouraging the local investment, SIDF helps investors and industrialists take advantage of investment opportunities in the region". He pointed out to the new strategy which would make the Kingdom a pioneer in the global industry. SIDF Assistant Director General/ Adel Al-Suhaimi showed an introductory presentation of SIDF programs such as supporting and financing small industrial projects, financing power efficiency projects, support services of the industrial sector and supporting the industrial development in the promising cities and regions. At the end of the gathering, the industrialists and entrepreneurs discussed many important issues in the industrial sector and had their questions and enquiries answered by the Fund.       

 

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