Agricultural and livestock projects are among the most profitable ventures in the world, characterized by low costs and a profit rate that can reach up to 100% in many cases. Recently, the Kingdom of Saudi Arabia has moved towards supporting agricultural projects, considering them as one of the most important pillars of agricultural investment within the comprehensive development plans in the Kingdom of Saudi Arabia. Recently, the demand for agricultural projects has become one of the most important sectors for youth employment, activating their participation in various fields.
However, the issue of agricultural project defaults remains. This may be related to the accumulation of debts, or the absence of credit facilities and loan flexibility. In this context, the Agricultural Development Fundin Saudi Arabia offers several financing facilities in the field of agricultural investmentto develop the agricultural sector and raise its productive efficiency, using the best modern scientific and technical methods, in all parts of the Kingdom of Saudi Arabia.
The Agricultural Development Fund (ADF) is a government credit institution specialized in financing various fields of agricultural activity. It aims to ensure the continuity of agricultural activity, support and address troubled agricultural projectsby providing interest-free soft loans to farmers and facilities to obtain agricultural machinery, cattle, poultry, sheep, beekeeping equipment, fish and others.
dates Agricultural enterprises In many cases, there are a number of difficulties that hinder the process of continuing with the same efficiency and effectiveness. There are many types of stumbling blocks: Financial, Marketing, Administrative, Technical. The issue of restarting Stalled agricultural projectsIn identifying the causes of project failures and searching for effective practical solutions.
The Saudi Agricultural Development Fund (SADF) ‘s Stalled Agricultural ProjectsRemediation Service promotes the restarting of stalledagricultural projects, in cooperation with the Ministry of Environment, Water and Agriculture, and investors, through long-term strategies that provide a favorable environment for investment.
– Loan Processing stalled projects by offering them to new investors.
– Providing opportunities for new investors to participate in agricultural investment.
– Restarting the stalled projects of the Fund’s borrowers.
– Contribute to increasing production and minimizing the gap between supply and demand in local markets.
– Contribute to the development of the areas benefiting from the establishment of these projects.
– Potential remediation solutions depending on the status of each stalled project.
– Rehabilitating agricultural projects.
– Refinancing agricultural projects.
– Scheduling installments for defaulted debt.
– Transfer the debt to a new investor.
– Leasing agricultural projects to an investor who wants to invest without transferring ownership.
– The defaulter partners with a new investor.
– Coordinate with the Ministry of Agriculture, Water and Environment regarding licenses.
