SIDF to launch advanced industry strategy: CEO

15/02/2022 Argaam
Photo of SIDF Chief Executive Officer Ibrahim Almojel

Photo of SIDF Chief Executive Officer Ibrahim Almojel

Saudi Industrial Development Fund (SIDF) is set to launch an advanced industry strategy, Chief Executive Officer (CEO) Ibrahim Almojel said on the sidelines of Made in Saudi Expo.

 

The strategy will help different business sectors to qualify for the advanced industrial activities and future production operations.

 

Almojel indicated that the fund launched the advisory services, with the aim of supporting SMEs to enhance performance and achieve sustainable growth.

 

The fund further enables the digital transformation in the manufacturing facilities via Tanafusiya incentivized program.

 

Almojel indicated that Saudi Arabia should be investing in the industry future, to boost the Kingdom’s industrial activities compared to peer countries.

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