Project Components
We developed a dynamic multi‑sector general equilibrium model of the Saudi economy to assess the economic impact of the Industrial Development Fund’s projects. The model reflects the structure of the economy and allows analysis of short‑ and long‑term effects. It is supported by analytics enhanced with machine learning and artificial intelligence to evaluate outcomes across sectors and macro‑economic indicators.
A. The Challenge
The fund required a robust tool to quantify how its financing activities influence the economy. Traditional analysis techniques could not capture complex interdependencies between sectors or predict long‑term effects, leaving decision‑makers without a comprehensive view of economic impacts.
B. Our Solution
Our team designed and calibrated a dynamic general equilibrium model tailored to Saudi Arabia’s economic structure. We incorporated machine learning and AI‑driven analytics to simulate various scenarios and trained analysts to interpret results. The model supports sensitivity analysis and policy evaluation for different project portfolios.
C. Key Achievements
The project delivered a powerful decision‑support tool that quantifies economic impacts across sectors and time horizons. It enhances the fund’s analytical capabilities, informs strategic planning and provides evidence‑based insights for policymakers. The model is now a reference for assessing the macro‑economic implications of development initiatives.
Project Overview
Client:
Saudi Industrial Development Fund
Value:
1,992,700 SAR
Start Date:
2022
End Date:
2024
Project Category:
Digital Transformation, Artificial Intelligence, Data and Insights
Project Tag:
Government
Duration:
Two years
Project URL:
Status:
Completed
The Client Phone :
8001160004
The Client Email :
info@sidf.gov.sa
The Client Website :
sidf.gov.sa