Tawteen
To support Vision 2030, Tawteen Program helps localize supply chains and boost investment by replacing imports with locally made products.
Application Process:
Initial Loan Application
This is the first step of applying through the online portal, where the client selects the "Tawteen" program and receives the preliminary assessment and eligibility results in preparation for the next stage.
Loan Application
At this stage, the applicant submits the required information and documents to enable the relevant team to assess the project from financial, technical, and marketing perspectives.
Project Approval & Signing
At this stage, the client is required to submit the detailed information and documents necessary for evaluating the project from all financial, technical, and marketing aspects, in preparation for the financing decision.
Disbursement
During this stage, loan disbursements are made based on the progress of the project’s implementation, after verifying that all conditions are met and the required documents are submitted.
Tawteen Program:
SIDF launched the “Tawteen” program to support local content by localizing industrial supply chains. In partnership with leading Saudi companies, it promotes sourcing local products and parts. Tawteen offers preferential financing to boost investment and support to the suppliers of the leading companies.
Key Benefits:
- Repayment period of no less than 7 years.
- Grace period of up to 24 months.
- Fast-track assessment procedures for projects with a purchase agreement.
Requirements:
- Being a supplier to one of the program's partner entities.
- Compliance with the applicable terms and conditions.
Partners
Ma’aden
Local Content Development Initiative
SABIC
Nusaned
Aramco
IKTVA (In-Kingdom Total Value Add)
STC (Saudi Telecom Company)
Rawafed
Local Content and Government Procurement Authority
Localization and Knowledge Transfer
Public Investment Fund (PIF)
Supplier Development Program
Saudi Electricity Company
Bena
Last Modified Date: 12/28/2025 - 04:45 PM Saudi Arabia Time
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