19 Hrs
Source:
الاقتصادية
Industrial Fund Projects Near 900 Billion Riyals
By the end of the second quarter of 2026, the volume of investments in projects supported by the Saudi Industrial Development Fund is expected to approach 900 billion SAR, with small and medium-sized enterprises accounting for 72% of this total. The Fund has contributed to financing 51 projects in the logistics services sector, valued at over 3 billion SAR, since its regulations were amended in 2019 to expand its support scope. Additionally, the "Flexible Manufacturing" program has demonstrated a 28% improvement in productivity among Saudi factories. The Fund is also working on developing new financing channels, including the "Supply Chain Financing Program," which is the largest of its kind in Saudi Arabia and the world, to support the sustainability of industrial projects and national supply chains.
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