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Saudi Industrial Development Fund Approves SR 6,680 Million Loans During Fiscal Year 2013  Join our daily free Newsletter

MENAFN - Saudi Press Agency - 20/01/2014

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(MENAFN - Saudi Press Agency) Saudi Industrial Development Fund approved 144 industrial loans amounting to SR 6,680 million during the fiscal year 2013, up 6 % in comparison with the fiscal year 2012.
The Fund's Director General Ali bin Abdullah Al-Ayed pointed out that the loans contributed to the establishment of 120 new industrial projects, the expansion of 24 industrial projects with total investments amounting to SR 14.5 billion, and the creation of 11,442 jobs.

 






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