Saudi Industrial Development Fund (SIDF) is a first-level financial institute in the Saudi Arabian government that was established in 1974 to facilitate financial enablement for investors and achieve industrial development objectives in the Kingdom. SIDF is committed to nurturing the industrial sector development by promoting investment opportunities and overcoming the sector’s challenges.

The process of applying for lands and loans was complex and multilayered. It previously required numerous documents and toggling between systems and institutions in order to complete a successful application process. Such complexity was a roadblock in every investor’s journey and it kept aggravating by the number of requests and coordination time between all the involved parties.

asgatech’s experts developed a fully integrated digital services platform that ties and unifies the services of SIDF, MODON, and Absher in one place. This web-based portal delivers an automated application process and a convenient digital experience to facilitate the investor’s journey between the three entities. asgatech provided a full-cycle software development process, from conceptualizing and planning to multiple development iterations, prototyping, developing, testing, and deployment. In two months only, the portal was ready to launch.

The digital platform (Land & Loan) has been enabling investors to apply for lands and loans easier, faster, and smarter through one unified portal; all online and with maximum agility, security, and efficiency. The process has become much simpler, encouraging investors for more investment applications, marking a significant milestone that aligns with the new reforming plan of The Saudi Vision 2030.