“SALIC” completes the supply of 355,000 tons of wheat to the Kingdom

The Saudi Agricultural Investment and Livestock Production Company (SALIC), owned by the Public Investment Fund, announced that it had completed the supply of 355,000 tons of wheat during 2021 AD to the General Grain Corporation, in implementation of all its contracts, after it won the tender that the Corporation offered at the beginning of this year for Saudi investors abroad in The framework of the program to encourage and support Saudi investors abroad as one of the programs to diversify sources of wheat purchase and enhance food security in the Kingdom.

Salik indicated that it received the indicated amount of its foreign investments in Australia, Ukraine and Canada with 6 shipments to 4 local ports, where King Abdulaziz Port in Dammam received two shipments from Australia with a quantity of 120 thousand tons, and one shipment from Canada with a quantity of 60 thousand tons, and it received The Jeddah Islamic and Yanbu Commercial Ports received two shipments from Ukraine of 60 thousand tons each, while Jizan Port received one shipment of 55 thousand tons from Australia.

It is noteworthy that “SALIC” invests locally and in many countries of comparative advantage to contribute to achieving the food security strategy in the Kingdom by diversifying and increasing the sources of agricultural supplies and contributing to the stability of prices in the local market.