Riyadh: The Saudi Agricultural and Livestock Investment Company (SALIC), a subsidiary of the Public Investment Fund (PIF), plays a key role in transforming the food and agriculture sector through strategic investments that promote food sustainability, diversify supply sources, and strengthen the Kingdom's integration into global markets.
According to Saudi Press Agency, since its founding in 2009, SALIC has pursued a long-term investment strategy, with 13 projects across seven countries and five continents. The company targets high-quality investments in markets with comparative advantages, while fostering national capabilities and building strategic partnerships to enhance food security. This approach improves production efficiency and supports seamless integration across the food value chain.
SALIC views its investments in food and agriculture not merely as economic ventures but as a strategic pillar for sustainable supply and market resilience, aligning with the Kingdom's vision for a diversified, food-secure economy. Through its international portfolio, this PIF company has access to over 20 million tons of strategic commodities, enhancing its capacity to respond swiftly to emergencies.
Over the past six years, SALIC has achieved significant financial milestones, with its managed assets increasing fivefold to exceed SAR27 billion, reflecting an average annual profit growth rate of 33%.
This rapid growth underscores the success of SALIC's strategy in building a robust and diversified investment portfolio in the food and agriculture sector by 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 food and agriculture sector. Through a strategic approach, SALIC supports the Kingdom's preparedness to address future challenges and achieve its development goals. This strategy is underpinned by a diversified investment portfolio spanning strategic commodities and key geographic regions.