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SIDF Strategy

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SIDF Strategy

During 2022, SIDF focused on three major priorities based on initiatives and activities:

First: Customer Enablement

SIDF has a client-centric approach during the design, lending and communication phases, to ensure that all client needs are met throughout their business journey.

Second: Institutional Excellence

By institutionalizing its efforts, SIDF is enhancing the quality of work to achieve institutional excellence through high quality and correct documentation and data storage.

Third: Ideal Work Environment

SIDF always seeks to ensure a strong work culture, through building a solid structure, creating a convenient atmosphere, and establishing a resilient culture, to remain the best place to work.

SIDF’s strategy is a testament to its continuous commitment to drive industrial transformation in Saudi Arabia. The strategic plan revolves around four key pillars that are closely interlinked with specific objectives. These objectives aim to empower the ecosystem by offering experience and knowledge-based products and services, and to boost investment appeal through a range of offerings. To ensure the success of the strategy, SIDF is fortified by strong organizational capabilities and a sustainable service delivery model.

Impact Maximization Axis, with the aim to achieve the following strategic objectives:

  • 1. Maximizing economic impact.
  • 2. Stimulating investment in national priority projects.
  • 3. Stimulating private sector financing.

Industrial ecosystem Enablement Axis, with the aim to achieve the following strategic objectives:

  • 1. Disseminating knowledge and active ideas.
  • 2. Aligning the public and private sectors.
  • 3. Identifying and anticipating customer needs.
  • 4. Providing a seamless customer experience.

Operational Excellence Command Axis, with the aim to achieve the following strategic objectives:

  • 1. Improving internal processes.
  • 2. Ensuring financial sustainability.
  • 3. Optimizing governance, risk management, and compliance.

Establishment of Human Capital and Qualified Systems Axis, with the aim to achieve the following strategic objectives:

  • 1. Adopting a culture of accomplishment and customer centricity.
  • 2. Attracting and retaining the best talent.
  • 3. Optimization through digitalization and automation.

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sidf.gov.sa 0118251555