Saudi -"cities" focus on attracting food industries

The Saudi Organization for Industrial Cities and Technology Cities “Cities” plan to expand the activities of the food industry in the kingdom by establishing new industrial meetings and attracting the most important global food industries to build their factories in the country, according to CEO Majid Al -Arqoubi. He explained in an interview with “Al -Sharq” that the government is preparing to announce new industrial meetings in food and in other sectors, to detect the opening of the first industrial event in the city of Jeddah and another dairy industry recently launched in the city Al -Kharj, which contributes to the contribution to the achievement of the food security and The BDP. Saudi Arabia launched the largest industrial food event in the Middle East in an area of ​​11 million square meters in the city of Jeddah in November last year, and the Saudi Minister of Industry and Mineral Resources Bandar Al -Kharf estimated that the amount of investments in IT 200 billion, which means the size of the sector. The size of the food sector in Saudi Arabia currently exceeds 200 billion Riyals, according to Al -Arqoubi, who expected its continued growth to be driven by the incentives provided by the government to local and foreign investors, and in the light of the development and construction of factories, in addition to local content and “manufactured” initiatives and the localization of industries. Al -Arqoubi noted that the possibilities in the Saudi industrial sector and the strategic location of the kingdom are all factors that attract investors to investigate opportunities in the local and regional market, and to use the country as a logistics platform and a manufacturing center for the purpose of gaining a greater stake in the local market and markets. The target of food security The food security is one of the priorities of the Saudi Vision 2030, which is about to enter its third and final phase at the end of this year, and it delivered a report in 2024, which monitors the performance of vision indicators for the high contribution of the agricultural sector in the gross domestic product of 109 billion Riyals in 2023 to 114 billion Riyals 2024. Food production sector, which is ‘pastures’ and ‘developments’ and ‘national agriculture development’ (Nadak), to invest about 24.5 billion rows in the coming years, which gets a special interest to Saudi Arabia as it contributes to maximizing the role of the private sector in the support of food production companies. and Ukrainian MHP (MHP). -Ghamdi, chairman of the Board of Directors of the “Hafar Al -Batin Cooperative Association for Livestock” in an interview with “Al Sharq” at the time.