Saudi Local Companies Produce around 11 Million Tons of Feed Annually

Local companies produce approximately 11 million tons of integrated feed annually. (Asharq Al-Awsat)
Local companies produce approximately 11 million tons of integrated feed annually. (Asharq Al-Awsat)
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Saudi Local Companies Produce around 11 Million Tons of Feed Annually

Local companies produce approximately 11 million tons of integrated feed annually. (Asharq Al-Awsat)
Local companies produce approximately 11 million tons of integrated feed annually. (Asharq Al-Awsat)

Eng. Abdulmohsen Al-Mezayani, head of the National Committee for Feed Manufacturers in the Federation of Saudi Chambers, said that local companies produce approximately 11 million tons of integrated feed annually through 65 specialized factories.

He highlighted the vital importance of the sector in the food security system, pointing to the presence of high manufacturing capabilities with international quality and specifications.

Al-Mezayani was addressing a workshop on the optimal use of integrated livestock feed, which was held at the headquarters of the Federation of Saudi Chambers and organized by the Ministry of Environment, Water and Agriculture, and the National Committee for Feed Manufacturers.

For his part, Dr. Al-Arabi Al-Ameem, Director General of the Animal Production Department at the Ministry of Environment, Water and Agriculture, stated that fodder was one of the most important elements in providing food security in the Kingdom, indicating that work was underway on a set of initiatives to support the growth of the sector and enhance its capabilities.

The Ministry of Environment recently stated that the optimal use of integrated feed for livestock in the Kingdom would increase sales profitability by 41 percent compared to conventional feed (barley and alfalfa), and would reduce annual costs by 35 percent.

On a different note, Yousef Al-Benyan, Minister of Education, recently met with the National Committee for Training and Private Education in the Federation of Saudi Chambers, stressing the importance of the private sector in the education system and the Kingdom’s Vision 2030.

Al-Benyan pointed to the high demand for private and international schools, stressing that through joint work and cooperation, the participation of the private sector in education would exceed 25 percent.

President of the Federation of Saudi Chambers Ajlan Al-Ajlan emphasized the importance of the private education sector in the Kingdom, adding that cooperation with the ministry was underway, with the aim to overcome challenges, raise the quality and efficiency of the sector’s outputs and attract more investors.

Meanwhile, the Riyadh Chamber of Commerce, in cooperation with the National Industrial Development and Logistics Program (NIDLP), organized on Tuesday a workshop to present the program to a group of investors, manufacturers and entrepreneurs.

Eng. Suliman Almazroua, CEO of NIDLP, stated that the program was based on creating a strong link with the targeted business sectors and manufacturers in particular.

The workshop reviewed the stages of the investor’s journey in the targeted sectors, the general and qualitative enablers, the competitive advantage, and the “Thousand Miles” entrepreneurship support initiative.



Saudi Arabia Issues 86 Industrial Licenses in April Worth $587 Million

A part of Ras Al Khair Industrial City, which is considered the main cornerstone of the mining industry in the Kingdom (SPA)
A part of Ras Al Khair Industrial City, which is considered the main cornerstone of the mining industry in the Kingdom (SPA)
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Saudi Arabia Issues 86 Industrial Licenses in April Worth $587 Million

A part of Ras Al Khair Industrial City, which is considered the main cornerstone of the mining industry in the Kingdom (SPA)
A part of Ras Al Khair Industrial City, which is considered the main cornerstone of the mining industry in the Kingdom (SPA)

Saudi Arabia's Ministry of Industry and Mineral Resources issued 86 new industrial licenses in April, totaling investments of SAR2.2 billion (USD587 million). This brings the year-to-date total to 410 licenses.

According to a report from the ministry’s National Center for Industrial and Mining Information released on Sunday, 67 factories began production in April, investing SAR1.5 billion (USD400 million).

Food production led with 12 new factories, followed by chemicals with 11, and rubber/plastics with 10.

The report noted that 92.5% of new factories were domestic, with joint ventures at 5.9% and foreign investments at 1.49%.

As of April 2024, Saudi Arabia had 11,800 operational or under-construction factories, with investments totaling SAR1.4 trillion (USD373 billion), up from about 10,800 in April 2023.

Small-scale facilities received 80.2% of new licenses, followed by medium-scale at 13.9%. Domestic factories accounted for 100% of the licenses by investment type.

The new licenses were distributed across 10 regions, led by Riyadh with 36 factories, Makkah with 22, and the Eastern Region with 17. Medina had three factories, while Qassim and Hail had two each. Najran, Asir, Al Jouf, and Tabuk each had on.

The ministry’s updates provide insights into Saudi Arabia’s industrial activity, highlighting changes in new investments and factory openings on a monthly basis.