RIYADH, 20 June 2007 — Saudi Industrial Development Fund (SIDF) has approved loans for 17 industrial projects with total commitments exceeding SR946 million, Mohammed ibn Salem Al-Dobaib, acting director general of SIDF, said yesterday.

The sectors include carbonated drink cans and can ends; aluminum cladding sheets for building facades; aluminum castings, oriels and other aluminum profile industries; shredded scrap steel; heat exchangers, water chillers, threaded pipes, steel tanks, pressure vessels, steel pipe works and steel structures; PE/PP film, oriented PP film and plastic containers and closures, among others.