The Saudi Agricultural Investment and Livestock Production Company (SALIC), which is fully owned by the Public Investment Fund, announced on Tuesday that it has completed the supply of more than 1.2 million tons of strategic commodities in 2022.
According to a statement, SALIC said it directly supplied 720,000 tons of wheat, representing 20 percent of Saudi Arabia’s annual purchases, after winning the tenders put forward by the General Authority for Food Security within the framework of the program to encourage and support Saudi investors abroad as one of the programs to diversify the sources of wheat purchase to enhance food security in the Kingdom.
