{"id":52847,"date":"2022-12-06T09:04:50","date_gmt":"2022-12-06T06:04:50","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=52847"},"modified":"2022-12-06T09:04:50","modified_gmt":"2022-12-06T06:04:50","slug":"%d8%b4%d8%b1%d9%83%d8%a9-%d8%a7%d9%84%d8%b5%d9%86%d8%af%d9%88%d9%82-%d8%a7%d9%84%d8%b5%d9%86%d8%a7%d8%b9%d9%8a","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/52847\/","title":{"rendered":"Minister of Industry announces the establishment of the Industrial Investment Fund Company"},"content":{"rendered":"<p>On Monday, Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef announced the establishment of \u201c<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/www.sidf.gov.sa\/ar\/Pages\/Home.aspx\">Industrial Investment Fund Company<\/a><\/span>\u201cwhich will partner with the private sector to capitalize on the promising opportunities available in strategic and qualitative sectors.<\/p>\n<p>Al-Khorayef explained that the company will contribute to encouraging entrepreneurs and investors to expand in the targeted sectors, increase the contribution of the private sector in investing in industrial, energy, mining and logistics projects, and develop the Kingdom's economy by contributing to the growth of non-oil GDP and investing in promising projects.<\/p>\n<p>On Monday, the Minister of Industry and Mineral Resources launched the <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/amlak.net.sa\/en\/27734\/\">Local Industry Incentive Initiative to Stimulate Investment<\/a><\/span> in the industrial sector, raising the percentage of local content, increasing operational efficiency, production capacity, and the competitiveness of local factories.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span 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