Corporate Profile

CONTENTS

Overview Life at SIDF

Products and Services A comprehensive look at the

supported national strategies
Digital Services
Overview
50 Years of Enablement and Leadership

On Mach 21, 2024, SIDF will

SIDF was established in 1974, SIDF signed a service level complete 50 years since
by Royal Decree from His and training agreement with establishment, completing 5
Majesty King Faisal Chase Manhattan in 1974 decades of achievements in
development of the national
economy and human capital
 Vision Mission
Industrial development fund enabling Saudi Enhance ecosystem competitiveness
Arabia’s transformation to become an and investment attractiveness by
industrial powerhouse and a global logistics providing financial and non-financial
hub offerings
SIDF’s Values

Teamwork Enablement Client’s Success

We work as part of a team to We enable others to take We support our clients to
SIDF’s Values are achieve the growth, development ownership of the work we do succeed, as we measure
embodied in: and prosperity of our country and the outcomes we are trying our success by theirs
to achieve together

Reliability Development
We show reliability in our work Development is at the core
and all decisions taken of our business. It underpins
everything we do
SIDF Organizationally Belongs to the Industry & Mining Ecosystem
SIDF Is Structurally Linked to the National Development Fund

NDF’s vision is to become a global brand of excellence in development finance

through integration, alignment, and facilitation of synergies between partners to
enable economic transformation in Saudi Arabia
SIDF’s Support to Priority Sectors

Industry Energy
Establishment of new Raising the efficiency and Financing the construction of sustainable Raising the quality of products
factories competitiveness of factories industrial complexes for renewable energy specialized in solar energy and
Financing emerging projects Providing advisory services Financing and developing local developers wind energy, and matching them
Financing the expansion of in the field of renewable energy with local and global demand
industrial projects production Financing renewable energy
production projects for the
industrial, commercial and
agricultural sectors

Mining Logistics
Financing mining projects for all Financing support services Port handling services Third party logistics
types of minerals companies contributing to the Cargo ship projects Infrastructure of air, land and seaports
Financing the final stage of added value and sustainability Air freight projects Rail transport projects
exploration operations including of the mining sector in the
drilling and mine processing Kingdom
 SIDF’s Board of Directors

H.E. Mr. Bandar bin H.E. Eng. Saleh bin H.E. Dr. Ghassan bin Dr. Abdullah bin Abdulrahman Mr. Stephen Groff Eng. Ayman Ishaq
Ibrahim Alkhorayef Nasser Al-Jasser Abdulrahman Al-Shibl Alnamlah Afghani
Chairman Board Member Board Member Board Member Board Member Board Member
Minister of Industry Minister of Transport Advisor to the General Minister of Finance Governor of Deputy Minister of
and Mineral Resources and Logistics Services Secretariat of the Advisor the National Labor Market Affair and
Council of Ministers Development Fund Human Capital
Development – Ministry
of Economy and
Planning
 SIDF Organizational Chart
Board of Directors

Audit Committee Risk Committee Remuneration and Board of Secretariat

Compensation
Committee
Chief Executive Officer
Internal Audit
Department
National Data Chief Executive
ILAB Office
Management Office

VP \ Strategic
Communication VP\Legal VP \ Human VP \ Risk VP \ Corporate VP \ Studies VP \ Credit
Department Planning & Business Services
and Compliance Capital Management
Development
 SIDF’s Primary Roles

Funder Advisor
Through a wide range of Through advisory services
The roles of SIDF funding products, focused on business growth,
are divided into programs and incentives cost optimization, and
operational excellence
three main roles:
Knowledge Enabler
Through the SIDF Academy,
Saudi AMHUB Network and
SIDF Knowledge Hub
 SIDF Has Played a Pivotal Role in the National Industry for 50 Years

+4,000 177B 142B

(SAR)
SIDF’s financing in (SAR)
Loans approved Net approved loans Loans disbursed
Saudi Arabia since
1974 to 2022
Since the launch of Saudi Vision 2030 and until the end of April
2023, the total amount approved and spent by SIDF has exceeded
the total amount approved and spent in its first 36 years.

Funder Advisor Knowledge Enabler

SIDF’s Products and Services Portfolio

Financial Products Guarantee program to support working capital

Project Finance Partnerships with commercial banks to provide
working capital loans
Multi-Purpose Financing
Provide guarantees for cashflows and credit
Working Capital Financing facilitation on raw material purchases
Incentivized Programs
Supply Chain financing
Afaq Mutajadedah
Acquisition Finance
Letters of Credit Tanafusiya Tawteen

Funder Advisor Knowledge Enabler

SIDF Enables Industrial Investors in All Regions in the Kingdom
Northern Borders
Al-Jouf 8 Hail
18 3.2B 42
156M 2.1B

Al-Qassim
Tabuk 107
20 2.3B
5.4B # Loans

Madina AlMonawara Eastern Province

1,100
195 71.3B
18B Value (SAR)
Makkah AlMukarrama
947 Riyadh
37.7B
1,467
Al Baha 25.7B
16 Jazan
60M 33 Najran
Asir
9.8B 21
58 1B
776.9M Funder Advisor Knowledge Enabler
 SIDF as an Advisor

Dedicated advisors analyze client strengths and weaknesses

The deep and cumulative
experience of SIDF enables Three key advisory tracks offer targeted and actionable insight
it to provide new and
integrated advisory Cost Optimization Service
services Go-to-Market Strategy
Plant Performance Optimization

Funder Advisor Knowledge Enabler

SIDF Academy

To be the primary knowledge hub building human capabilities in priority sectors, essential to
Vision achieving the Kingdom’s industrial ambitions

Building capabilities of the industrial ecosystem employees, SIDF’s employees and its clients
Mission through world-class programs enabled by leading partnerships and cutting-edge delivery
mechanisms that reflect SIDF’s core functions in line with national objectives

Since its launch until end of 2022, 113 +7,800 +350

the Academy has organized: Programs Trainees Entities

Partners

Funder Advisor Knowledge Enabler

SIDF Academy - Nokhab Program
In-House Training External Program Program Completion
4 months 2 months

Onboarding External Program On Job Training Hiring

2 months 2 months

1- Nokhab Credit Provides training on core Academic organizations

2- Nokhab Project Studies Functions Targeting fresh graduates

3- Nokhab Market Studies Training with leading Offers direct employment

Funder Advisor Knowledge Enabler

 SIDF’s Global Partners
SIDF has been a member of WEF since 2020

SIDF, in partnership with WEF, launched the Saudi

SIDF & World
Advanced Manufacturing Hub (Saudi AMHUB)
Economic Forum

SIDF’s international A forum linking development banks of the G20 member nations and

partners support the other nations wishing to contribute to the club

Kingdom’s goals to SIDF & D20 – Long-Term

Investors Club
SIDF was co-president in 2019 and hosted the 2020 LTIC Steering
Committee
create opportunities
in the industry A forum for development banks focused on micro, small and medium
sized enterprises
SIDF has been a member since 2016

The Montreal SIDF hosted the Montreal Group Board Meeting in 2019
Group

Funder Advisor Knowledge Enabler

 SIDF and the "Saudi Advanced Manufacturing Hub"

Saudi AMHUB is part of the

global network of Advanced
Manufacturing Hubs, which
includes 14 hubs representing
a variety of manufacturing
ecosystems

• An interactive platform for those concerned with the industrial sector in the Kingdom
• It aims to create a smarter and more interconnected global industry, based on
advanced manufacturing and fourth revolution technologies
• The platform aims to build a collaborative community for academia, civil society, and
the public and private sectors, to communicate with global advanced industry
platforms and adopt advanced technology in the industrial system in the Kingdom
Funder Advisor Knowledge Enabler
Knowledge Hub

The Knowledge Hub connects you to relevant and

up-to-date industry opportunities and resources,
including:
Segment reports
Sustainability reports
Industrial Lines (Quarterly Newsletter)

To visit the Knowledge Hub, kindly

click/scan the following code:

Funder Advisor Knowledge Enabler

SIDF Organized the “Industrial Hackathon” in 2022

In partnership
with:

Sponsored by:

Funder Advisor Knowledge Enabler

Products & Services
 Products and Services

Products available to investors include:

SIDF serves clients Project Working capital Multipurpose

financing financing financing
through products and
services aimed
at supporting business Supply chain Acquisition Opening letters
growth and sector financing financing of credit
development
SIDF guides clients through the loan process with project analysis
studies, advisory, business assistance and recommendations
Financial Products Programs Advisory Services Digital Services
SIDF’s Financial Products
Medium to long-term
Project Industrial project finance Supply Chain Short-term
Financing New & existing projects looking to expand Financing Financing early invoice payments

Provide necessary liquidity to investors

to expedite project implementation
Letters of Medium-term
Finance and cover of accreditation Acquisition
Financing acquisitions
Credit per terms & conditions Financing Financing loans for existing projects
Open credit and review documents for shipping,
insurance and other certificates

Medium-term
Working Short-term Multipurpose
Financing operational capital expenditure
Capital Financing Financing operational expenses Financing Includes ERP systems and supply chain
logistics

Financial Products Programs Advisory Services Digital Services

 Enhancing Investment Feasibility & Attractiveness

These guarantees add business value by:

SIDF is offering
guarantees to banks Expediting Mitigating Offering
on behalf of their finance risks from credibility to
transactions businesses
customers to honor
their payments Guarantees are offered in various forms and are
tailor-made for clients depending on project objectives.

Financial Products Programs Advisory Services Digital Services

 Incentivized Programs

Mutajadeda
Unlocking growth Tawteen
sectors through SIDF
programs Afaq

Tanafusiya

Financial Products Programs Advisory Services Digital Services

 Mutajadeda Program

The program incentivizes financing packages for:

Mutajadeda is a
program focused on
unlocking the Distributed Renewable Independent Power
potential of solar generating component Producer (IPP)
projects manufacturers projects
renewable energy in
Saudi Arabia

Financial Products Programs Advisory Services Digital Services

 Tawteen Program

The program focuses on:

Tawteen is a public-
private collaboration
Creating stronger Strengthening Developing and
with leading Saudi localized supply collaborative ties among empowering local
companies to support chain networks private and public players logistics players
supply chain
Major partners of Tawteen:
localization

Financial Products Programs Advisory Services Digital Services

 Afaq Program

Afaq is pursuing the 2030 target of

35% GDP contribution by SMEs through
Afaq works in
collaboration with Scale-up Initiative: Incubators Program:
Flagship financial Linking SMEs to partner
public and private program supporting SMEs incubators
sector partners to
support the SME
Tomoh Industrial Track: Ask an Expert Initiative:
ecosystem Together with Monsha’at, Expert support, on-demand,
diagnosing and support via the Nawafeth app
industrial SME’s, linking firms
to services

Financial Products Programs Advisory Services Digital Services

 Tanafusiya Program

The program objectives can be achieved through:

Tanafusiya looks to
boost operational
performances of
Deploying new Lowering costs and Boosting operational
existing manufacturing manufacturing streamlining supply performance to enhance
enterprises through technologies chains competitiveness
digitization and
operational
streamlining
Financial Products Programs Advisory Services Digital Services
 SIDF’s Advisory Services

Helping clients grow their business and enhance

Advisory is their performance, through:
Providing technical advisory services
provided within 3-4 Achieving sustainable growth
weeks of requests
received Advisors provide key insights to clients in three fields:
Cost Go-to-Market Plant Performance
Optimization Strategy Optimization

Financial Products Programs Advisory Services Digital Services

SIDF’s Advisory Services

Cost Go-to-Market Plant Performance

Optimization Strategy Optimization
Analyzes direct Provide recommendations Assist boosting the efficiencies of
and indirect costs to improve market entry manufacturing operations
strategy
Analyse and collect data, including
Compares cost Advise on sales, prices field visits, by technical experts of
position to the market and product assortment manufacturing operations

Analyze procurement Analyze market share, Consultations based on analysis to

options sales channels, and client implement efficiency-driven
segmentation process changes

Financial Products Programs Advisory Services Digital Services

SIDF’s Advisory Services

Analyzes direct and indirect costs

Compares cost position to the market
Cost
Optimization Analyzes procurement options

Provides recommendations to improve the Go- to-

Market Strategy
Advises on sales, prices and product assortment
Go-to-Market
Analyzes market share, sales channels, and client
Strategy segmentation

Advisory services to assist in boosting the efficiencies of

manufacturing operations
Thorough analysis and data collection, including field
Plant Performance visits, by technical experts of manufacturing operations
Optimization Consultations based on analysis to implement efficiency-
driven process changes
Financial Products Programs Advisory Services Digital Services
Digital Services
 Tamkeen eLoan Portal

Tamkeen eLoan portal is a

centralized service unit
which creates a clear One point of contact A simplified loan approval
process for the client for each client and disbursement process
journey

Financial Services Programs Advisory Services Digital Services

 Digital Services and Customer Experience

Tamkeen Loan Journey: E-Loan Portal

In 2019, SIDF launched the

electronic loan system Loan Loan Closure
creation Disbursement
Tamkeen, and a unit was
established to measure and Fully-fledged digital services
improve the customer
Apply for loans Electronically- Electronically register
experience electronically issued order notes and release mortgages

Non-borrowing Activate virtual Electronic approvals,

certificates factory visits and document contracts

Financial Services Programs Advisory Services Digital Services

Tamkeen Loan Journey – eLoan Portal

Loan Loan
Creation Disbursement Closure

Create an account Submit claim requests Closure and securities to be

Start a new initial loan application Raise amendments for the loan/project released
Approval of the initial loan application Start repayment
Signing the contract SIDF to regularly monitor repayments

Financial Products Programs Advisory Services Digital Services

 Loan Journey

1 2 3 4 5

Sign up to Decide on the Start an initial loan When your initial When you submit the
e-loan portal loan product request where you request is approved, you loan application, you
will submit the basic will be able to fill out will have one month to
information for licenses loan application form provide any requested
and project with project details information from SIDF

6 7 8 9 10

After submitting complete When your application Start the journey of In disbursement After submitting
loan application form, is approved you will disbursement where you will start the last repayment,
SIDF will go through be able to sign the you will submit claim repayment and you will be able
the pre-screening and contract with SIDF requests when needed SIDF will provide to release your
evaluation, which will take after meeting legal and raise amendments you with regular securities and
3 months requirements for the loan or project monitoring close loan

Financial Services Programs Advisory Services Digital Services

Life at SIDF
Exceptional Awards Throughout an Exceptional Journey

SIDF is proud to be only one of two entities to obtain the

Gold Level in King Abdulaziz Award for Quality for the
year 2022 over 300 participating entities

SIDF achieved second place in the “Great Place To

Work” award in the large government entities segment
for the year 2022

The Middle East Award for Excellence in Government

and Smart Cities for launching the Tamkeen electronic
system for loan applications and follow-ups for the year
27th Middle East Smart Government
& Cities Excellence Awards
2022
SIDF’s HQ: Obtained LEED Certificate

SIDF’s HQ is in KAFD, Riyadh, and includes various facilities:

SIDF Academy

GYM

Auditorium

SIDF’s Exhibition

Cafeteria
SIDF Offers A Complete Suite of Development Offerings Across the Employee Journey
Academic development programs ...enabled with specialized offerings
Nokhab Graduate Development Program Coaching Program
Intensive training for graduates of Credit, Engineering, and Assigning and linking mentors to fresh graduate employees
Marketing applying professional development and innovative to support future leaders in excelling in their career
learning styles to brace them in Finance, Business, and Innovation
& Digitization

Business and Leadership Program Innovation Program

SIDF has been conducting innovation bootcamps and
The program is designed to develop the skills and training programs throughout the past years, and currently
competencies of employees who aspire to serve in an innovation bootcamp is under establishment to foster
leadership positions the innovation culture at SIDF

High Potential Leaders program Targeted specialized training

A dedicated long program provided for identified high SIDF offers yearly training tailored to employee needs
potential leaders in SIDF to develop the leaders of the to gain necessary skills and knowledge
future

Scholarship Program (Master’s/PhD Program) Secondment Program

SIDF offers full scholarship for both Master’s and PhD Mid to long term secondment programs with global
programs to SIDF employees to gain the required skills
and knowledge financial & industrial companies
SIDF Continues Its Scholarship Program to the Best Institutes and Universities
SIDF is keen to enable its employees to acquire the latest scientific and professional knowledge and
expertise, by sending them annually to the most prestigious scientific organizations in the world
32 148 25
Scholarships during Scholarships since Students in top 10
the year 2022 2019 to 2022 universities globally

The number of SIDF employees who got scholarships in universities

ranked among the top 10 universities in the world

1 4 4 1 7 7 4 4
Student Students Students Student Students Students Students Students
Diversity, Inclusion and Innovation at SIDF
Committees at SIDF exist to create an inclusive community of colleagues whereby each
employee has a voice that is heard and can unlock their true potential

iLab Culture of Excellence Council

Established with the goal of boosting the Established to create an environment
creativity and innovation of SIDF staff throughout SIDF focused on best practices

SIDF Young Leaders’ Council Security and Safety Committee

Established to enable and increase SIDF’s With the aim to position SIDF as an
impact on the youth exemplary working environment, particularly
in the areas of safety and security
SIDF Young Leaders Council
The SIDF Young Leaders Council is a platform to explore ideas, harness youthful energy and
innovation, invest in creative abilities, and develop leadership skills. The Council consists of
youth representatives from various SIDF departments

Vision Mission Values

Enabling and Providing consulting Reliability,
increasing services and Development,
SIDF’s innovative ideas and Teamwork,
youth impact representing SIDF’s Enablement and
youth internally and Client’s Success
externally
SIDF Young Leaders Council

The SIDF Young Leaders Council has diverse workstreams to execute its vision and mission

Advisory Role Social Impact

Conduct deep-dive studies on specific topics Engage SIDF’s youth in various initiatives
given by top management and activities

Corporate Innovation SYLC Sustainability

Identifying areas of improvement within Smooth onboarding for new SYLC members to
SIDF, conducting comprehensive studies ensure the continuity of SYLC achievements
and providing recommendations to the
corresponding stakeholders
 Culture of Excellence Council

Environmental Sustainability
The work of the Quality of Life Social Excellence Excellence
Culture of Excellence
Support the development Enhance employee Incentivize practices that
Council focuses on of the SIDF community and engagement with the supports environmental
three main pillars: enhance employee quality local communities by sustainability on individual
of life through diverse activating events and and industrial levels by
events and activities that campaigns that increase activating initiatives and
create an exciting work their community service activities that encourage
environment and incentives and raises awareness
work/life balance on the protection of the
environment
A comprehensive look at
the supported national
strategies
 The Saudi Economy is Advancing to the 16th Position Among the G20 Economies
8.7% 5.8% 2.5%
GDP growth rate during Non-oil economy y-o- Inflation rate in 2022
the year 2022 y growth in Q1 2023

The Saudi economy advanced to

the 16th among the economies of 6.0% 2nd Place 8.2%
the G20 countries in terms of Y-o-y rise in the Industrial Largest FX reserves GDP contribution by non-
GDP by the end of 2022, as the Production Index (IPI) in in the G20 petroleum manufacturing in
February 2023 Q4 2022
value of the domestic product
amounted to about 3 trillion
Saudi riyals 8.0% 6.4% 4th Place
Unemployment Growth in y-o-y Projected highest
as of Q4 2022 exports in Q4 2022 growing economy
among G20 in 2023
 Vision 2030: An Investment in the Pivotal Strengths That Characterize the Kingdom

3 pillars, 6 objectives, 96 strategic objectives

Ambitious Nation Thriving Economy Vibrant Society
Vision 2030 has cascading
strategic objectives enabling
Enhance government
effectiveness
Enable social
Grow & diversify
the economy
Increase
Strengthen
&national identity
Offer a fulfilling &
6 Level 1
responsibility employment healthy life
the effective implementation of Overarching Objectives

11 Vision Realization Programs: 27 Level 1

Branch Objectives

96 Level 3
Strategic Objectives
Transforming the Kingdom through Vision 2030

Build a sustainable, Be among the 15 largest

diversified economy economies in the world

Increase private sector Increase foreign

contribution to the direct investment
economy to 65% of GDP to 5.7% of GDP

Be among the top 10 most

competitive economies
Vision 2030: Drawing on Saudi Arabia’s Intrinsic Strengths

01 02 03 04
Develop adjacent oil Localize promising Localize military Create special economic
and gas industries manufacturing industries zones and rehabilitate
industries economic cities

NIDLP’s 12 key
objectives 05 06 07 08
Grow and capture Raise gas production Grow the contribution Enhance the competitiveness
maximum value distribution capacity of renewables to the of the energy sector
from mining energy mix

09 10 11 12
Create and improve the Improve the local, regional, Increase the local Increase localization
performance of logistics and international content in non-oil of oil and gas sectors
hubs connectivity of trade and sectors
transport networks
NIDLP Prioritizes Four Integrated Sectors

Industry Mining Energy Logistics

Industrialization leads to value- $1.3 tn potential in untapped Immense renewable energy Saudi Arabia is strategically
added economic benefits metals & minerals potential in wind, solar and located between 3 continents
hydrogen
Can create up to 1.6 Localized supply of natural Geographic position to be a Strong, tech-driven supply networks
million jobs resources for industry major energy exporter will enable the rest of the economy

Create and improve the

performance of logistics hubs

The program looks to integrate these sectors through localized

supply chains and the latest technologies
National Industrial Development and Logistics Program

23,000+ Made in Saudi 600,000 km2 5 new global 18 billion+ Renewable

government program launched being explored for shipping lines standard cubic energy projects
tenders awarded to incentivize local mining through launched feet gas launched
Objectives of related to NIDLP production Geological Survey production
NIDLP Program

NIDLP’s future growth targets (2025 – 2030)

$47 bn $47 bn $47 bn $47 bn 30% 30%

Contribution of Contribution of Contribution of Local supply to Local Share of
mining to GDP logistics to GDP automotive defence manufacturing of renewables in
industry to GDP industry pharmaceuticals energy mix
 National Industrial Strategy Transforming the Industrial Economy
Vision: Build an agile and competitive sustainable private sector-led industrial economy
Strategic Objectives Industrial resilience Integrated regional manufacturing hub Global leadership in select segments

Enabling Objectives
Cultivating innovation Grow the industrial Unlock Saudi Arabia’s Build a world-class
Private Sector

Government
and know-how business base international trade supply chain
- Support global M&A’s, JVs, - Localization and local content - Export enablement - Industrial infrastructure
and international partnerships - Transparency and agile - Trade policies and - Logistics
- Talent development and regulatory framework agreements - Special Economic Zones
- Transparency and flexible
attraction - Quality systems - Advanced manufacturing
regulatory framework
- Applied R&D and innovation - Entrepreneurial culture and SME - Saudi industry branding
development
Stable political and Strong national champions
Leveraging the strengths of monetary policies and conglomerates Availability of capital
Saudi Arabia Abundance of energy Geographic location and and purchasing power
and natural resources regional leadership
 Targets of the National Industrial Strategy

Raise Double
Led by MIM, The National the Kingdom's classification in the job opportunities created
industrial production index from by the sector from 0.9 mn in
Industrial Strategy has set 37th in 2020 to 20th by 2030 2020 to 2.1 mn by 2030
ambitious targets to boost
the industrial landscape
Increase Increase
industrial exports from 169 the number of industrial
billion riyals in 2020 to 557 establishments from 10,293 in
billion riyals by 2030 2021 to 36,000 by 2030
 Mining Strategy
$1.3 trillion $170 billion +48
Estimated mineral wealth of Value of investment Metals and minerals
the Arabian Nubian Shield opportunities identified identified, including
Saudi Arabia’s Mining gold, iron, ore, and zinc
Strategy and new Mining
Law look to build a
sustainable mining sector
Pillars of the new Mining Law
Good governance Investment attractiveness Best-in-class sustainability
and transparency through tax benefits and practices supported by
investor incentives strong systems and
infrastructure networks
 National Transport and Logistics Strategy (NTLS)

NTLS aims to NTLS will increase the Through an ambitious package of NTLS will focus on developing
strengthen the contribution of the transport mega projects, the strategy infrastructure, launching key
and logistics sector to the targets economic and social goals, platforms and logistic zones,
Kingdom’s position as a Kingdom’s GDP from 6% to and aims to establish effective adopting advanced operating
global logistics hub 10% by 2030 governance models for the systems, and optimizing
institutionalization of the efforts partnerships between public
in the transport sector and private sectors
 Targets of the National Transport and Logistics Strategy

Maritime Air Railway

Transport Transport Network
Reach annual capacity Become the 5th global air Increase from current
of 40 million containers transit passenger route 5,330km rail network to
NTLS aims to boost 8,080km
Invest in port
different transport Increase international Develop “Land Bridge”
infrastructure
segments destinations to more than project, connecting the
Improve integration 250 Kingdom’s ports from the
with logistics zones Double air cargo capacity to Arabian gulf to the Read Sea
more than 4.5 million tons
Expand connectivity with
international shipping
routes and integrate with
rail and road network
 Net Zero Through Renewable Energy

A green energy
transition will contribute 50% 58.7 GW 35
to the Kingdom’s target
Renewable energy In renewable power Renewable energy
of net zero
contribution to generation through solar production parks by
emissions by 2060
energy mix by 2030 PV, CSP and wind by 2030 2030
 Renewable Energy

Led by the MoE and

implemented by the
Renewable Energy Program 40 GW Solar PV
Department Office, the
Program encompasses the 58.7 GW
Kingdom’s strategy for Installed renewable 16 GW Wind
renewable energy energy capacity target
by 2030 2.7 GW CSP
Thank You