The Saudi Industrial Development Fund approved during the first half of the fiscal year 1436/1437 AH 2015, (69) loans provided to contribute to the financing of (60) new industrial projects and the expansion of 9 existing industrial projects with a total of (4.2 billion riyals, while their total investments amounted to (13.14) billion riyals, an increase of 10% in the number of approved loans, 64% in their value and 173% in their total investments compared to the first half of the previous fiscal year 1435/1436H.

A recent report issued by the Fund expects these projects to provide (4373) direct job opportunities, which is a positive indicator of the extent of investor confidence in the industrial sector in the Kingdom and reflects their positive expectations for the development path in the Kingdom in the coming years.