The product of Land and Industrial Loan allows investors to apply for financing their projects and allocating industrial lands via one application in King Salman Energy Park (SPARK). This product is amongst other joint products between King Salman Energy Park (SPARK) and The Saudi Industrial Development Fund (SIDF).
The aim of the product is to save time and effort for the investor by matching the requirements and procedures of both SIDF and SPARK to be one application. It also saves money for the investors so they do not pay the fees and the rent for the industrial land unless the Fund approves the application.
To apply for this product, kindly fill and complete the required online form. After submission, the loan application will be studied by SIDF once SPARK grants the initial approval on the availability of the required industrial land. After the approval of the industrial loan, SPARK will allocate the industrial land and start the procedures of signing the lease and billing.