Industrial Sector Support Initiative (ISSI)

ISSI Overview:

ISSI provides incentives to the industrial investors, through various financial tools offered by different entities within the industrial ecosystem in various stages of factory and industrial investor development.

ISSI includes several sub-initiatives and programs that will be provided to the industrial sector, aiming to create an attractive environment for industrial investment by offering incentives and benefits to both local and foreign investors.

Participating Entities:

• Local Content & Government Procurement Authority.
• Saudi Industrial Development Fund.
• Saudi Authority for Industrial Cities and Technology Zones.
• Ministry of Industry and Mineral Resources.

Objectives of ISSI:

• Encouraging Investment in the Industrial Sector: Including attracting strategic national industries with high economic impact.
• Increasing the local content ratio: Enhancing operational efficiency, production capacity, and competitiveness of local factories.

Target Market of ISSI:

• New industrial investments.
• Investments in existing factories.
• SMEs.
• Foreign investments.

Final Outputs:

• Attracting suppliers.
• Increasing operational efficiency and production capacity.
• Enhancing the competitiveness of national factories.
• Localization of industries.

Join Us:

To view all details of ISSI’s sub-initiatives, please click here.