SALIC supplies 355 000 tons of wheat to Saudi Arabia
The Saudi Agricultural and Livestock Investment Company (SALIC), a wholly-owned subsidiary of the Public Investment Fund, declared having supplied 355 000 tons of wheat to the Saudi Grains Organization (SAGO) in 2021, according to contracts it has concluded with Saudi investors abroad as part of a program to diversify wheat purchases and enhance food security for the country within the framework of the Encouragement and Support of Saudi Investors Abroad Program.
SALIC said it supplied the required quantity from its external investments in Australia, Ukraine and Canada through six shipments to four local ports.
It said the Dammam-based King Abdulaziz Port received two shipments worth 120,000 tons from Australia and one shipment amounting to 60,000 tons from Canada, Jeddah Port and Yanbu Commercial Port received two shipments from Ukraine weighing 60,000 tons each, while Jazan Port received 55,000 tons from Australia.
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