RIYADH - The Ministry of Environment, Water and Agriculture announced today, Thursday, the launch of a program to inventory agricultural investments abroad, which targets the segment of Saudi citizens investing outside the Kingdom, as well as producers who supply the Kingdom.

The Ministry explained that this program is an extension of the programs for inventorying agricultural holdings and projects in the Kingdom through the agricultural registry development project, and its desire to inventory and register agricultural investment abroad, and sensing the importance of the project and its impact on achieving the Kingdom's vision 2030, through the development of economic relations with regard to import and export Agricultural commodities and agricultural investment abroad, ensuring food security and promoting sustainable domestic agricultural production and agricultural investment abroad.

And that the agricultural investment inventory program contributes to diversifying and stabilizing external food supply sources to support the Kingdom’s food security initiatives, and enhances opportunities for agricultural and livestock investments abroad, allowing the issuance of agricultural records for investment projects abroad, which is of economic benefit to Saudi investors in several aspects.

The program will also support benefiting from the program to purchase wheat and other products that will be added to Saudi investors abroad, the financing programs provided by the Agricultural Development Fund for agricultural investment abroad, the facilities provided by the ministry to importers of agricultural and animal products, and the coordination through the Ministry of Foreign Affairs with Saudi embassies abroad to serve Saudi agricultural investors abroad, strengthening framework agreements with target countries, and strengthening bilateral relations with other countries.

The Ministry confirmed that a "Geospatial" portal will be launched that will enable investors in the field of agricultural and animal activities to register through the portal, calling at the same time all Saudi investors abroad to register and benefit from the program and obtain an agricultural record through the portal.