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Tourism Development Fund

Beyond capital

How we create value for our portfolio

At the core of TDF’s mission is a purpose-driven portfolio aimed at unlocking Saudi Arabia’s tourism potential through a strategic blend of customised products and services.

Through these offerings the Fund seeks to accelerate private sector participation, address critical financing gaps, and facilitate high-impact tourism development across the value chain and attract foreign capital into the Kingdom. By enhancing access to capital and improving project readiness, the Fund contributes to job creation, boosts destination competitiveness, and fosters long-term economic growth in alignment with Vision 2030.

  • Direct Funding

    • Debt Direct lending through tailored products
    • Equity Equity and venture capital funding for strategic projects
    • Guarantees Offered to banks on behalf of investors to mitigate risks
  • Tourism Empowerment Programs

    • Non Banking Financial Institutions
    • Co-Financing
    • Kafalah
    • Fin Tech Platform Programs
  • TDF Grow

    • Tourism Bootcamps
    • Tourism Accelerator
    • Tourism Space
    • F&B Accelerator
    • Tourism Rural Accelerator
    • Handicrafts & Souvenirs Accelerator
  • Advisory Services

    • Real Estate Hospitality & Advisory
    • Tourism Research Insights

During 2024

Total projects
+970
Anticipated Number of keys
+4,000
Project value
SAR 18.9 Bn
Expected GDP Impact*
SAR 4 Bn
Anticipated jobs created*
42,000+
SMEs supported
4,200
TDF Contribution
SAR 3.7 Bn
Private Sector
SAR 10.9 Bn
Banking Sector
SAR 4.25 Bn
Capital Unlock Ratio
4.06

Alignment

TDF’s portfolio demonstrates full alignment with its 15 ESG material topics and strategic pillars, ensuring that every project contributes to the organisation’s overarching sustainability objectives. Click here to revisit TDF’s ESG Strategy House

* TDF assesses the impact of its investments using key metrics such as GDP contribution, job creation, and tourism development potential. The current methodology calculates GDP and job impact per million SAR of total project value, providing a broad view of economic return and aligning with NDF directions. This approach is based on an Input-Output (I/O) model framework, which uses multipliers to estimate both direct and indirect impacts. These metrics help evaluate the effectiveness of capital deployment and guide strategic investment decisions across the tourism sector..