العربية

Tanafusiya

The program provides financing solutions to support the improvement of the current industrial base through technology and​​​​ digitization to enable manufactures reduce costs and increase energy efficiency to achieve; national transformation in the industrial base and build the required local capacities of individuals companies. The program has tracks: Digital Transformation track, Energy Efficiency track .​​

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Process

 
Registration
Submitting an application
 
Pre-Screening
Eligibility to program to be determined based on the project description
 
Evaluation
SIDF will analyze
the project
 
Contract & Signing
The loan request is formally
accepted, registered

Energy Efficiency Program

which aims to apply techniques that reduce energy consumption, using energy auditing and management systems to support continuous improvements of energy performance such as; energy efficiency, energy security, and energy consumption.

Benefits

  • Longer tenor (minimum of 7 years).
  • Grace period (up to 24 months).
  • Faster turnaround time within 8 weeks for projects 20% capacity increase or less

The program requirements

  • For new and existing clients with a good standing.
  • Brownfield projects that can provide financial statements for the last three years.
  • Project’s ability to prove reducing energy consumption or energy cost.
  • Commercially proven technology.
  • Provide a feasibility study with reasonable Capex and Opex projections.
  • SIDF Terms and conditions apply.

Industrial Digital Transformation Program

which aims to employ the latest technologies by linking machines with digital systems in which data and equipment communicate with each other to raise the efficiency of operations, to facilitate the transformation into the Fourth Industrial Revolution.

Benefits

  • Longer tenor (minimum of 7 years).
  • Grace period (up to 24 months).
  • Faster turnaround time within 8 weeks for projects 20% capacity increase or less

The initiative requirements

  • For new and existing clients with a good standing.
  • Brownfield projects that can provide financial statements for the last three years.
  • Project’s ability to prove reducing energy consumption or energy cost.
  • Commercially proven technology.
  • Provide a feasibility study with reasonable Capex and Opex projections.
  • SIDF Terms and conditions apply.

Tanafusiya Accelerator initiative

A financing program specialized in financing automation, digitization and energy efficiency projects by providing financial support and incentives to those wishing to adopt industry 4.0 and energy efficiency solutions

Application

  • Registration by applying for a loan and providing the project feasibility study.
  • Nomination for Tanafusiya by Credit Relationship Manager after conducting a preliminary study based on information provided.
  • ​​​​Evaluation of the project by Credit Relationship Department.
  • Submission to the relevant committee for application approval.
  • Signing loan agreement if the project accepted.

Advantages

  • Additional incentive financing .

Partners

​To obtain automation and digitization solutions and raise energy efficiency, through the program partners below:​​​

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*You can also benefit from the program through ​any other service provider.

* Contact the relationship manager to confirm eligibility

Related Pages

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