Saudi Industrial Development Fund to Launch Next Wednesday Products, Initiatives to Enable Private Sector

The Saudi Industrial Development Fund (SIDF) will launch next Wednesday a number of programs and initiatives, as a part of SIDF’s annual Private Sector Enablement Event. The launch, which will be under the patronage of the Minister of Industry and Mineral Resources and SIDF Chairman Bandar Al-Khorayef, includes a package of quantitative services that the fund offers for its private sector clients.

Through this event, the SIDF aims to introduce its new products and programs, bring together leaders of government and private sector in the fields of industry, mining, energy and logistics and announce a number of new partnerships. This is in addition to holding workshops and meetings.

The SIDF’s new products and partnerships comes as a continuation of the fund’s role as the main financial enabler of the sectors of industry, mining, energy and logistics that are under the umbrella of the National Industrial Development and Logistics Program (NIDLP), one of Saudi Vision 2030 programs, which aims to transform the Kingdom of Saudi Arabia into a leading industrial powerhouse and a global logistics hub.