SALIC imports first Australian wheat shipment to Saudi Arabia

The Saudi Agricultural Investment and Animal Production Company (SALIC), a Public Investment Fund (PIF) company, stated that its shipment of Australian wheat, weighing 60,000 tons, set off on Sunday from the Australian Port Kembla, to reach the Kingdom in the middle of next month.

In a press statement, the SALIC Group said that its shipment comes within the General Grain Corporation’s tender to purchase 355,000 tons of wheat as part of promotion program of Saudi investors abroad as one of the Kingdom’s food security programs, which aims to diversify and increase sources of foreign food supplies. — SPA

Saudi Gazette