Saudi Industrial Development Company

Saudi Company for Industrial Development "sincerity" Saudi joint stock company established under the Ministerial Resolution No. 673 dated 20/02/1413 AH 12/14/1992 for a period of 99 years starting from the date of issuance of the decision of the Ministry of Commerce to declare the establishment of the company for the purpose of service of the industrial sector to set up industries in the field ofpetrochemical, food and salt, synthetic rubber, ceramic products and other industries that demonstrate the economic feasibility study. center is located in the company's main city of Jeddah, a company's capital (400,000,000) four hundred million Saudi riyals. The company is engaged Statute in accordance with the Commercial Register in the establishment of industrial projects in the petrochemical industry and the food industry, salt and synthetic rubber products, ceramics and other industries that demonstrate economic studies usefulness as company operates in the marketing of their products and the establishment of owning real estate and buildings, warehouses and galleries necessary to serve the purposes of the company.