SALIC Enhances Food Security In Saudi Arabia With Strategic Global Investments

The Saudi Agricultural and Livestock Investment Company (SALIC), a subsidiary of the Public Investment Fund (PIF), is pivotal in reshaping the food and agriculture sector. Through strategic investments, SALIC promotes food sustainability, diversifies supply sources, and strengthens Saudi Arabia's integration into global markets.

SALIC has pursued a long-term investment strategy since its inception in 2009. The company has initiated 13 projects across seven countries on five continents. It focuses on high-quality investments in markets with comparative advantages, fostering national capabilities and building strategic partnerships to enhance food security.

SALIC's approach enhances production efficiency and supports seamless integration across the food value chain. The company views its investments not just as economic ventures but as a strategic pillar for sustainable supply and market resilience. This aligns with Saudi Arabia’s vision for a diversified, food-secure economy.

Through its international portfolio, SALIC accesses over 20 million tons of strategic commodities. This enhances its capacity to respond swiftly to emergencies. Over the past six years, SALIC has achieved significant financial milestones, with managed assets increasing fivefold to exceed SAR27 billion.

This growth reflects an average annual profit increase of 33%, underscoring the success of SALIC's strategy in building a robust investment portfolio. The focus is on balancing economic returns with a commitment to food security. SALIC continues to enhance sustainable investment value while strengthening its role as a key driver in the sector.

SALIC's strategy supports Saudi Arabia’s preparedness for future challenges and development goals. This approach is underpinned by a diversified investment portfolio spanning strategic commodities and key geographic regions.

SALIC remains committed to enhancing its role in the food and agriculture sector through strategic investments that align with national goals for sustainability and market resilience.

With inputs from SPA