TDF Launches "Tourism Empowerment Programs" to Drive Sustainable Growth for Enterprises

TDF Launches "Tourism Empowerment Programs" to Drive Sustainable Growth for Enterprises

Published On

03 Nov 2024

The Tourism Development Fund (TDF) has introduced "Tourism Empowerment Programs,"offering flexible financing solutions to support micro, small, and medium enterprises (MSMEs) in the tourism sector.

The programs include the Co-Financing Program with commercial banks, the Finance Companies Program, and the FinTech Financing Program, enabling fast and accessible funding with repayment terms of up to 60 months. Additionally, the Kafalah Program helps businesses secure financing by addressing collateral challenges.

Through these initiatives, TDF aims to empower entrepreneurs, enhance private sector participation, and accelerate sustainable tourism growth in alignment with Saudi Vision 2030.

Last Updated Date: 25/03/2025 - 11:30 AM Kingdom of Saudi Arabia

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