Riyadh: Under the patronage of the Minister of Economy and Planning and National Infrastructure Fund (Infra) Board Chairman Faisal Alibrahim, Infra today announced the launch of the Social Infrastructure Financing Program (SIFP) during Momentum 2025, organized by the National Development Fund and held from December 9-11.

According to Saudi Press Agency, SIFP is a strategic initiative designed to catalyze private-sector investment in the Kingdom's healthcare and education sectors. The program supports the realization of Saudi Vision 2030 objectives, increasing private-sector contribution to gross domestic product (GDP) from 40% to 65%, while directly supporting sectoral ambitions to raise private-sector participation in healthcare to 32% and student enrollment in private schools to 25% by 2030.

Developed in close collaboration with the Ministry of Health, the Ministry of Education, and the Education and Training Evaluation Commission (ETEC), the program enables the private sector to expand its role in priority sectors while enhancing the quality, accessibility, and diversity of services provided.

The program introduces two innovative financing solutions in the form of Co-Financing and Credit Guarantees, with tenures of up to 15 years, to be deployed in partnership with leading local banks, including Arab National Bank, Al Rajhi Bank, Banque Saudi Fransi, Riyad Bank, Saudi Awwal Bank, and Saudi National Bank. The program targets private-sector projects with a minimum cost of SAR 30 million.

"The Social Infrastructure Financing Program advances the Kingdom's ambitions for stronger private-sector participation. Through SIFP, we aim to support elevating the quality of healthcare and education services, diversify offerings in line with national priorities, and empower banks to expand their lending to high-impact social infrastructure," said Infra Chief Executive Eng. Esmail Alsallom.

SIFP covers a wide range of social infrastructure projects, including general and specialty hospitals, long-term care and rehabilitation centers, and educational institutions from early childhood to higher education, including facilities dedicated to special-needs students.

As part of Infra's developmental role and in close coordination with the Ministry of Health, Ministry of Education, and their respective ecosystems, the program offers additional coverage or participation of up to 20% for beneficiaries who meet the criteria of strategic target markets. The program also provides performance-linked incentives based on the quality of projects, outcomes, and services delivered.

Riyadh: Under the patronage of the Minister of Economy and Planning and National Infrastructure Fund (Infra) Board Chairman Faisal Alibrahim, Infra today announced the launch of the Social Infrastructure Financing Program (SIFP) during Momentum 2025, organized by the National Development Fund and held from December 9-11.

According to Saudi Press Agency, SIFP is a strategic initiative designed to catalyze private-sector investment in the Kingdom's healthcare and education sectors. The program supports the realization of Saudi Vision 2030 objectives, increasing private-sector contribution to gross domestic product (GDP) from 40% to 65%, while directly supporting sectoral ambitions to raise private-sector participation in healthcare to 32% and student enrollment in private schools to 25% by 2030.

Developed in close collaboration with the Ministry of Health, the Ministry of Education, and the Education and Training Evaluation Commission (ETEC), the program enables the private sector to expand its role in priority sectors while enhancing the quality, accessibility, and diversity of services provided.

The program introduces two innovative financing solutions in the form of Co-Financing and Credit Guarantees, with tenures of up to 15 years, to be deployed in partnership with leading local banks, including Arab National Bank, Al Rajhi Bank, Banque Saudi Fransi, Riyad Bank, Saudi Awwal Bank, and Saudi National Bank. The program targets private-sector projects with a minimum cost of SAR 30 million.

"The Social Infrastructure Financing Program advances the Kingdom's ambitions for stronger private-sector participation. Through SIFP, we aim to support elevating the quality of healthcare and education services, diversify offerings in line with national priorities, and empower banks to expand their lending to high-impact social infrastructure," said Infra Chief Executive Eng. Esmail Alsallom.

SIFP covers a wide range of social infrastructure projects, including general and specialty hospitals, long-term care and rehabilitation centers, and educational institutions from early childhood to higher education, including facilities dedicated to special-needs students.

As part of Infra's developmental role and in close coordination with the Ministry of Health, Ministry of Education, and their respective ecosystems, the program offers additional coverage or participation of up to 20% for beneficiaries who meet the criteria of strategic target markets. The program also provides performance-linked incentives based on the quality of projects, outcomes, and services delivered.