Riyadh: The Ministry of Industry and Mineral Resources and the Ministry of Investment announced the opening of applications for the second batch of the Standard Incentives for the Industrial Sector, offering qualified projects up to 35% of their initial investment, capped at SAR50 million per project. This financial support will be distributed equally across both the construction and production phases to ensure sustained financial and operational stability for up to seven years. This initiative demonstrates the government's continued dedication to cultivating a robust industrial investment ecosystem and fostering domestic production of goods not currently manufactured in the Kingdom.

According to Saudi Press Agency, this stage follows the launch of the second batch of incentives, which was announced in June during the Saudi Industry Forum 2025. The program is now open to investors and was developed to attract new industrial investments while boosting the global competitiveness of Saudi-made products.

A key feature of this batch is the identification and promotion of over 140 targeted investment opportunities within the priority sectors of the National Industrial Strategy to help develop innovative, high-quality projects that contribute to sustainable industrial growth. Investors can find more information about these opportunities at.

The Standard Incentives program fulfills several strategic objectives for the industrial sector by creating new avenues for high-value industrial investments. It directly aligns with and supports the fundamental goals of the National Industrial Strategy and the National Investment Strategy, with a special focus on advancing industrial sectors designated as national priorities.

Both ministries have confirmed that applications for the second batch will be accepted until mid-November of this year. Domestic and international investors are strongly encouraged to utilize this opportunity by submitting applications through the official "Senaei" platform.