About SIDF
The Saudi Industrial Development Fund (SIDF) was established in 1974 (1394H) with an initial capital of 500 million SAR. It is one of the key pillars of achieving sustainable industrial development in the Kingdom. SIDF provides financial and advisory solutions to support the growth and development of the industrial sector, and its role has expanded to include promising sectors such as energy, mining, and logistics, making it the primary financial enabler for achieving Vision 2030 goals.
Current capital - 2019
Capital in 2005
Initial capital - 1974
Our Strategic Goals
The Industrial Development Fund works effectively to provide financial and advisory support and offer innovative solutions to grow and develop local industry and improve its performance, in order to achieve the following goals:
Enhance the efficiency and performance of enterprises and achieve sustainability
Support local products
Promote non-oil exports
Foster integration between the industrial sector and other sectors
Increase the participation of Saudi talents in the industrial sector
Optimize the use of local raw materials
Attract foreign investment and localize technology
Promote a culture of industrial safety and risk prevention in industrial facilities
Raise environmental awareness in the industrial sector
Vision
An industrial development fund that empowers Saudi Arabia’s transformation into a leading industrial power and a global logistics hub.
Mission
Enhancing the competitiveness of the ecosystem and improving investment attractiveness by offering financial and non-financial products and services.
Core Values
Client Success
We support the success of our clients, as their success is our own.
Empowerment
We strive to empower others so we can work together and achieve results efficiently.
Collaboration
We support the success of our clients, as their success is our own.
Development
Development is at the heart of our work and the driver behind everything we do.
Reliability
We can be relied upon in any task entrusted to us, and in the decisions we make.
