Salik imports the first shipment of Australian wheat to Saudi Arabia
The Saudi Agricultural Investment and Animal Production Company “Salik”, a Public Investment Fund company, stated that its shipment of Australian wheat, weighing 60,000 tons, set off today from the Australian port of Kimbla and is expected to reach the Kingdom in the middle of next month.
The Salik Group added in a press statement that its shipment comes as part of the General Grain Corporation tender 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, which aims to diversify and increase sources of foreign food supplies.
"Salik" indicated that the supply of the required quantity of wheat related to its investments in Australia, Ukraine and Canada will come through 6 shipments starting from next month until the end of the calendar year, according to the approved quality specifications of imported wheat.
It is noteworthy that the "Salik" Group established Salik Australia in 2019 AD and acquired Meridian Farms, which is located in Western Australia, where it manages and owns agricultural land estimated at 211 thousand hectares and works in the fields of cereal cultivation and livestock raising as it produces more than 120 thousand tons of grain annually.