Saudi Food Security Safely Overcomes Repercussions of COVID-19

Photo by AZIZ SHAH/AFP/Getty Images
Photo by AZIZ SHAH/AFP/Getty Images
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Saudi Food Security Safely Overcomes Repercussions of COVID-19

Photo by AZIZ SHAH/AFP/Getty Images
Photo by AZIZ SHAH/AFP/Getty Images

The Saudi Ministry of Environment, Water and Agriculture revealed a comprehensive integrated system that contributed to adequate food security despite the severe impact of the COVID-19 outbreak on worldwide food supply chains and the shortage faced in some countries,

The ministry said that it did not face any disruption in the supply chains or a shortage of stock during the crisis, but rather confirmed that the Kingdom had a reliable food chain with a daily production capacity that can meet all of consumers’ needs and with high quality.

Saudi Arabia has the largest storage capacity in the Middle East for wheat and flour, according to Minister Abdul Rahman Al-Fadhli, who issued on Monday a detailed statement that assesses the state of Saudi food security.

“The Kingdom presented a great model in implementing the food security strategy, cooperating with the private sector, and guaranteeing responsible consumption in sales outlets,” he emphasized.

The measures and precautions that were taken during the pandemic came as a result of a pre-emptive action planned with all government sectors more than 4 years ago, he added.

The minister also stressed that the citizens’ awareness and confidence in the efforts made by the state were one of the main reasons for the availability of these products throughout the day, at reasonable prices.

He noted that the Kingdom has achieved high rates of self-sufficiency in many agricultural products, mainly dates (more than 125 percent of sufficiency), vegetables and poultry (60 percent), eggs (116 percent), in addition to fresh milk and its derivatives (109 percent) and fish (55 percent).

Al-Fadhli stressed that the Kingdom was moving forward in developing a sustainable agricultural system in a way that enhances its food security and preserves natural resources, in addition to expanding agricultural investment abroad in countries that enjoy relative advantages.



Saudi Arabia to Host Multilateral Industrial Policy Forum

The Saudi flag. Asharq Al-Awsat
The Saudi flag. Asharq Al-Awsat
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Saudi Arabia to Host Multilateral Industrial Policy Forum

The Saudi flag. Asharq Al-Awsat
The Saudi flag. Asharq Al-Awsat

Saudi Arabia, in partnership with the United Nations Industrial Development Organization (UNIDO), will host the Multilateral Industrial Policy Forum (MIPF) in October, underscoring the Kingdom's significant industrial transformation, in line with Vision 2030, and aiming to expand the Saudi industrial base and solidify its position as a leading global industrial center.
Organized by the Ministry of Industry and Mineral Resources in Riyadh, the forum is yet another substantial industrial development initiative the Kingdom relentlessly takes.
By carrying out programs focused on innovation, diversification, and boosting of the industrial sectors, including 12 strategic sectors identified in the National Industrial Strategy, Saudi Arabia seeks to raise competitiveness and support its national economy.
Beyond the National Industrial Strategy, the Kingdom has invested in developing industrial infrastructure, such as industrial cities and special economic zones, and fostered international cooperation to facilitate transfer of knowledge and technology. The forum, in which global experts and decision makers participate, is an ideal platform to exchange expertise and set best practices in industrial policies.
Saudi Arabia aims to develop policies that are in line with international standards, thus increasing the global competitiveness of its industrial sector. By leading initiatives for sustainable industrial practices, promoting international cooperation, exchanging expertise, and adopting environmentally friendly technologies, the Kingdom seeks to enhance the flexibility of its supply chains, in line with the Global Supply Chain Resilience Initiative.
The industrial sector in Saudi Arabia witnessed significant developments in 2023, including announcing major investment opportunities in targeted sectors, issuing a license for the first Saudi-made electric car brand "Ceer", and opening the first electric vehicle manufacturing factory "Lucid". The Kingdom aims to produce over 300,000 cars annually by 2030.
Attracting private sector investments is crucial to achieving the goals of the National Industrial Strategy. The industrial sector focuses on enhancing integration among various sectors and their supply chains, developing infrastructure, encouraging joint investments, promoting local content, and empowering national companies through policies, financing, and training.
In July 2022, the Ministry of Industry and Mineral Resources launched the Future Factories Program, which aims to transform 4,000 factories from labor-intensive models to efficient, automated operations utilizing advanced industrial solutions. This initiative seeks to enhance competitiveness, improve product quality, and increase exports of Saudi non-oil products.
The ministry has also made strides in improving the regulatory and legislative environment for the industrial sector, creating an environment conducive to investments and fair competition.
The ministry's goals for 2024 and 2025 include attracting investments in targeted industrial sectors, reaching a total investment volume of SAR451 billion, adding 1,500 products to the mandatory local content list, increasing the industrial sector's contribution to non-oil GDP to SAR412 billion, and boosting non-oil exports to over SAR300 billion. Moreover, the ministry aims to launch the industrial sector governance initiative to stimulate integration and concerted efforts among relevant stakeholders.
The second edition of the Multilateral Industrial Policy Forum, hosted by Riyadh under the theme "Transforming Challenges into Sustainable Solutions through Industrial Policies", will bring together some 3,000 industry leaders from around the world, including decision makers, CEOs, industry specialists, and people interested in developing industrial policies.