Saudi Industrial Development Fund - SIDF

Saudi Industrial Development Fund - SIDF is rated 3 out of 5 in the category financial services. Read and write reviews about Saudi Industrial Development Fund - SIDF. A Historical Context (Our Journey) SIDF was established in 1394 AH as a government financial institution to realize the objectives, policies, and programs of industrial development in Saudi Arabia. Such objectives are aimed at supporting the private sector in various industrial fields, financing and developing the industrial sector in coordination with government entities. SIDF paves the way for the private sector to engage in constituting and sustaining a national industrial base effectively and adequately. A Future with Boundless Possibilities SIDF has introduced a new package of financial products and services through the National Industrial Development and Logistics Program (NDLP) as a breakthrough in its quest towards reaching Vision 2030’s objectives. NDLP contributes by adding SR 1.2 billion to GDP, generating jobs, improving the balance of payments, and strengthening the local content. Our Vision Financially enabling Saudi Arabia’s industrial evolution Our Mission To develop and diversify the Saudi economy by shaping the industrial landscape, and encouraging and supporting priority sectors and competitive enterprises Our Role Act as a financial partner in developing the industry, stimulating jobs, prosperity and growth for Saudi Arabia