SIDF News

"The Saudi Industrial Development Fund (SIDF) has signed a Memorandum of Understanding (MoU) with the Ministry of Transport and Logistics Services. This MOU comes within the framework of discussing the development of the transportation and logistics sector in a manner that serves the objectives of both parties.

SIDF is represented by Mr. Khalil Al-Nammari , VP of Strategic Planning and Business Development of SIDF, while the Ministry is represented by Mr. Rayan Salah Al-Din Al-Bakri, Deputy Minister for Logistic Services.

This collaboration aims to foster a coordinated relationship focused on enhancing financial incentives, increasing private sector participation, and developing initiatives to support relevant projects between the two parties.

This MoU is part of SIDF's efforts to enhance its support by expanding its partnerships with various government and private sector entities, thereby increasing the effectiveness of SIDF's programs, products, and solutions for the private sector."