Saudi Industrial Development Fund
Services for Investors
Sectors financed by SIDF
Expansion in Financing the Mining Sector
The mining sector is one of the major targeted investments of Vision 2030 due to the following:
Availability of untapped mineral resources in the Kingdom.
The geographical location of the Kingdom serving as a link between three continents (Asia, Africa and Europe).
SIDF financing of the mining sector aims to:
Develop the mining sector, raise its contribution to non-oil GDP, and increase job opportunities.
Contribute to increasing the flow of domestic and foreign investments in the Kingdom.
SIDF also supports the mining sector by:
Financing mining projects for all minerals up to 75% of the costs of eligible projects.
Financing the final stage of the exploration process, which includes drilling and preparation of mines.
Fostering support services companies to enhance the value added and sustainability of the mining sector in the Kingdom.
You can apply for a loan through the link below