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Saudi Ports, Salic to develop grain terminal jointly

August 2020

Saudi Ports Authority (Mawani) said it has signed an agreement with the Saudi Agricultural and Livestock Investment Company to develop the kingdom’s largest and first grain terminal in Yanbu Commercial Port.

Spread over a sprawling 313,000 sq m area, the grain terminal, a first-of-its-kind for the kingdom, will be built in two phases, said the statement from Mawani.

The facility, which will be mainly responsible for importing, processing and exporting grains in the kingdom, is set to handle 5 million tonnes of grains annually.

The agreement was signed by Engineer Saad bin Abdulaziz Al Khalb, the Mawani President and Engineer Sulaiman bin Abdul Rahman Al Rumaih, the CEO of Salic, Public Investment Fund owned company, during a video conferencing event, last month. The ceremony was attended by Minister of Ministry of Environment, Water and Agriculture (MEWA) Engineer Abdul Rahman bin Abdul Mohsen Al Fadhli and Minister of Transport Engineer Saleh bin Nasser Al Jasser. On the key partnership, Al Fadhli said: "This strategic partnership with Mawani has lasted for over thirty years and is considered one of the key pillars of the food security system in the kingdom."   




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