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: 23 Apr 2015 | Removal date: open ended
Still in force

State loan

On 23 April 2015, the Saudi Industrial Development Fund (SIDF) on one of its official announcements for the investment activities for the fiscal year 2015, provided a loan worth SR 44 million (circa USD 10 million) for an industrial project dedicated to the production of agricultural films.

As no specific inception date was provided for this state aid, the inception date is assumed to be equivalent to the announcement date.

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. 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

363 Semi-manufactures of plastics
3920 Other plates, sheets, film, foil and strip, of plastics, noncellular and not reinforced, laminated, supported or similarly combined with other materials.
392010 Of polymers of ethylene
392020 Of polymers of propylene
392030 Of polymers of styrene
392043 Containing by weight not less than 6 % of plasticisers
392049 Other
392051 Of poly(methyl methacrylate)
392059 Other
392061 Of polycarbonates
392062 Of poly(ethylene terephthalate)
392063 Of unsaturated polyesters
392069 Of other polyesters
392091 Of poly(vinyl butyral)
392094 Of phenolic resins
392099 Of other plastics
369 Other plastics products
3919 Selfadhesive plates, sheets, film, foil, tape, strip and other flat shapes, of plastics, whether or not in rolls.
391910 In rolls of a width not exceeding 20 cm
391990 Other

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