National Grain Company - a joint venture between the Saudi Agricultural and Livestock Investment Co (SALIC) and Saudi shipper Bahri - have opened a new grain and soyabean terminal in Saudi Arabia, World Grain wrote.
Located at Yanbu Commercial Port, the Yanbu Grain Handling Terminal opened on 22 December, the 24 December report said.
Constructed over a two-year period, the facility can handle up to 3M tonnes/year of grain - including barley, corn and soyabeans - and is the first regional centre for grains in the Yanbu port, according to the company.
The new terminal has a storage capacity of 156,000 tonnes, including 12 silos with a total capacity of 96,000 tonnes and a flat warehouse with 60,000 tonnes of capacity, a 650m conveyor belt and a ship grain unloading capacity of 800 tonnes/hour.
Abdulrahman Al-Fadley, Saudi Arabia’s minister of environment, water and agriculture and chairman of the board of SALIC, was quoted as saying the terminal would help boost the origination and discharge of grains to Saudi Arabia and enhance supply chain capabilities.
SALIC was established in 2009 by Royal Decree to secure food supplies for Saudi Arabia through mass production and investments. The National Grains Company was formed in August 2020 to contribute to achieving a food security strategy.
