Two Wheat Shipments Arrive in the Kingdom, from Ukraine

Two shipments from Ukraine, weighing 121,000 tons of wheat have arrived, one in Jeddah Islamic Port and the other in Yanbu Commercial Port, Saudi Agricultural Investment and  Livestock Production Company (SALIC), owned by the Public Investment Fund (PIF) announced.

It indicated that the two shipments fall within the framework of its tender with the Saudi Grains Organization (SAGO) to purchase 355,000 tons of wheat, as part of a program to encourage and support Saudi investors abroad, as one of the Kingdom’s food security programs.

It indicated that it will supply the quantity of the tender through six shipments, during the remainder of the current year, as the first shipment arrived through King Abdulaziz Port, in Dammam, the second reached Jizan port, while the other two shipments arrived in, representing Salik’s investments, abroad, in Canada and Australia, respectively.

It is noteworthy that SALIC’s investment, in Ukraine, was funded by the Overseas Agricultural Investment Initiative, one of the programs of the Agricultural Development Fund.

The Continental Farms Group manages 195,000 hectares of agricultural land, in western Ukraine, annually producing one million tons of grain.