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Saudi Arabia: National Development Fund announces SAR 1.7 billion investment towards the Al Shuaibah solar project

Description

On 21 August 2023, the National Development Fund (NDF) announced a state loan of SAR 1.7 billion (approx. USD 453.3 million) towards the 2.6 GW Al Shuaibah solar project. The energy project is being d...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Aug 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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