Media ININ Economy We Trust
Media In / Agencies / Riyadh
The Saudi Industrial Development Fund (SIDF) signed the financing agreement with the Nal Al Nada Foodstuff Plant in the Tabuk region for 22 million riyals as part of its interest in implementing the food and water security strategy in the Kingdom’s Vision 2030. In parallel with the announcement by the Ministry of Environment, And support for feed factories to contribute to finding suitable alternatives in implementation of the decisions of the Council of Ministers in this regard.
The head of the plant “Nal Al-Nada” Engineer Nazer Hakami said that the figures indicate that the total investment of the first phase of the feed plant may reach 50 million riyals in the industrial city in Tabuk on an area of 20 thousand square meters, indicating that the adoption of the latest engineering and industrial solutions for production lines and storage systems In accordance with international best practices.
He said that the project aims in the first stage to reach a production capacity of more than 170 thousand tons per year of high-quality fodder for all purposes, for livestock or poultry.
