The Social Infrastructure Financing Program (SIFP)

by National Infrastructure Fund

Supporting Development in Healthcare and Education

The Program aims to attract more private investment into healthcare and education by providing co-financing and guarantee solutions.

Delivered in partnership with leading financial institutions, SIFP strengthens the role of private investors in achieving Vision 2030 development goals.

Program Objectives

Foster National Development

Catalyze Higher Level of Private Sector Participation

Encourage Diversification Across Subsectors and Underdeveloped Regions

Elevate Projects’ Quality

How It Works

Through innovative financing solutions with tenor up to 15 years

Blended Financing (Co-Financing)

Infra’s participation: up to 40% of the loan amount

Infra’s maximum participation: ⃁ 350mn

Infra’s minimum participation: ⃁ 15mn

Partial Credit Guarantee

Infra’s coverage: up to 50% of the loan amount

Infra’s maximum coverage: up to ⃁ 100mn

Infra’s minimum coverage: ⃁ 15mn

Note:

The selection of the suitable product is determined by Infra based on the specific conditions of each project.

Target Sectors

Healthcare

General Hospitals

Sports Medicine Centers

Cardiology Centers

Oncology Centers

Rehabilitation Centers

Long Term Care Centers

Mental Health and Addiction Treatment Centers

Maternity Hospitals

Education

Pre-K

K-12

Special Education Needs

Specialized Schools

International Schools

Boarding Schools

Higher Education

Note:

Subsectors are subject to periodic changes based on sectoral demand as identified by the relevant sector regulators.

Eligibility Criteria

Minimum 3 years of business operations for the borrower, sponsor, or operator

Minimum project size: ⃁ 30mn

Commercial entity type: LLC, JSC, simplified JSC, or NPO

Minimum Nitaqat rating: Medium Green

Note:

Other eligibility criteria may apply on a case-by-case basis.

Additional Incentives

Strategic Target Market

Projects meeting The Strategic Target Market of Healthcare and Education are are eligible for an additional overage/participation of up to 20% at the sole discretion of Infra.

Note:

The Strategic Target Market is defined by the relevant sector regulators and is subject to periodic review.

Excellence-Driven Incentives

Providing an additional incentive for beneficiaries meeting the below Excellence- Driven criteria

Healthcare Sector

Leadership in Energy and Environmental Design certificate (LEED) for green buildings

Education Sector

Certificate from the National Center for Non-Profit Sector “NCNP” for Non-Profit Organizations

Achieve an excellent grade in ETEC School Evaluation Excellence “Tamayz” offered by the Education and Training Evaluation Commission (ETEC)

Leadership in Energy and Environmental Design certificate (LEED) for green buildings

Our Partner Financial Institutions

Apply Now