Pages - Main goals of the strategic plan

SIDF Strategy

Main Objectives of Strategic Plan

1- Maximizing Economic Impact

SIDF finances projects that contribute to the growth and prosperity of the Saudi economy by promoting economic diversification, generating employment opportunities for nationals, and facilitating nationalization efforts.

2- Stimulating Investments in National Priorities

Stimulating the private sector to invest in national priority industries through incentive products and services.

3- Disseminating Knowledge and Active Ideas

Promoting national capabilities, offering valuable knowledge and data to benefit the ecosystem, and supporting decision-making processes through a range of approaches, courses, and programs, as well as sharing high-quality research and intellectual guidance.

4- Aligning the Private and Public Sectors

Striving to garner backing for the private sector by efficiently recognizing barriers and devising suitable solutions to surmount them, along with collaboration with stakeholders to drive policy reforms when necessary, thus influencing the private sector positively.

5- Identifying and Anticipating Customer Needs

Actively recognizing ecosystem needs to introduce and enhance financial and non-financial services and products that optimize their economic influence.

6- Improving Internal Processes

Constantly evaluating and improving processes within each function across SIDF’s departments and divisions to deliver such processes in utmost efficiency, quality and productivity internally and externally.

7- Stimulating Private Sector Financing

Actively encouraging private sector involvement in funding ongoing projects.

8- Providing a Seamless Customer Experience

Consistently and effectively delivering SIDF services and products to customers at every touchpoint, ensuring their satisfaction and loyalty.

9- Ensuring Financial Sustainability

Seeking to secure SIDF income flow and production cost structure, to ensure the continuation of the operational and growth activities

10- Optimizing Governance, Risk Management, and Compliance

Enabling SIDF to achieve its objectives, address uncertainties and maintain integrity at work.

11- Optimization Through Digitalization and Automation

Digitizing and automating SIFD operations, implementing the necessary systems and capabilities to achieve exceptional operational efficiency.

12- Attracting and Retaining the Best Talents

Looking for a highly talented and proficient workforce within a conducive environment that fosters the development of a robust and skilled pool of human resources.

13- Adopting a Culture of Accomplishment and Customer Centricity

Creating a framework of principles, standards, and customer-focused strategies that inspire achievement throughout every department and segment.