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 2010 | Removal date: open ended
Still in force

State loan

In 2011, the Saudi Industrial Development Fund published its Annual Report for the year 2010. The report mentions a 44 million SAR (ca. 11.7 million USD) loan for the expansion of a roof tiles plant in Yanbu.
As no inception date was provided for this state aid, the most conservative date, i.e. 31 December 2010, 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.
As Saudi Arabia did not import more than 1 million USD of the selected product from a single country in 2009, no affected trading partners were selected.
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

373 Refractory products & structural non-refractory clay products
6905 Roofing tiles, chimneypots, cowls, chimney liners, architectural ornaments and other ceramic constructional goods.
690510 Roofing tiles
690590 Other

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