8 Hrs
Source:
الاقتصادية
Industrial Fund Projects Near 900b Riyals
By the end of the second quarter of 2026, investments in projects supported by the Saudi Industrial Development Fund have reached approximately 900 billion SAR, with 72% of these investments directed toward small and medium enterprises. The fund has financed 51 projects in the logistics sector valued at over 3 billion SAR since its system was amended in 2019, which expanded its support to include industries, energy, and mining sectors. Previous data also showed that the fund’s investments had amounted to 800 billion SAR in October 2025, reflecting a 12% increase. The fund is focused on developing new financing channels, including the largest supply chain financing program of its kind worldwide, which supports the sustainability of industrial and logistics projects and aims to reduce the risks associated with financing new factories.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)