IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 31 Dec 2012 | Removal date: open ended
Still in force

State loan

In 2013, the Saudi Industrial Development Fund published its Annual Report for the year 2012. The report mentions a 590 million SAR (ca. 157 million USD) loan for the construction of a chicken plant in Hail. The factory will produce frozen and chilled whole chicken, fresh chicken portions, boneless chicken breasts as well as secondary products such as offal and bowels.
As no inception date was provided for this state aid, the most conservative date, i.e. 31 December 2012, is assumed.
 
The Saudi Industrial Development Fund
The Saudi Industrial Development Fund (SIDF) was established in 1974 to provide financing and support for Saudi Arabia's private industry through medium- and long-term loans. The funds are meant to upgrade, expand and create new branches of the country's industry. Since its establishment, the SIDF has provided until the end of 2014 nearly 118 billion SAR (ca. 31.5 billion USD) of loans, with 45.4 billion SAR going to the chemical sector and 20.1 billion SAR to the manufacture of consumer products (cf. 2014 Annual Report).
 
A state measure in the GTA database is assessed solely in terms of the extent to which its implementation affects the extent of discrimination against foreign commercial interests. On this metric, the state aid proposed here is discriminatory.
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

211 Meat & meat products
0207 Meat and edible offal, of the poultry of heading 01.05, fresh, chilled or frozen.
020712 Not cut in pieces, frozen
020713 Cuts and offal, fresh or chilled
020714 Cuts and offal, frozen
020725 Not cut in pieces, frozen
020727 Cuts and offal, frozen
020742 Not cut in pieces, frozen

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