Saudi Agricultural and Livestock Investment Company (SALIC), a Public Investment Fund (PIF) owned company, plans to create a resilient agri-food sector in Saudi Arabia and globally by joining hands with Swiss company Syngenta Crop Protection AG, a world-wide leader in agricultural innovation.
The two companies have signed a Letter of Intent (LOI) in Basel, Switzerland, to combine their expertise to bolster global food security through strategic partnerships, technology and responsible practices. They plan to explore joint projects in sustainable farming, digital agriculture, soil health, crop protection solutions, and other areas.
SALIC, Syngenta unite for food security
Among some of the projects the two entities are looking to work on are climate-smart farming practices, sustainable soil management, crop and seed solutions, capacity building, technical training, best practice-sharing initiatives, and knowledge transfer through the creation of centres of excellence. They will also work on water conservation, development of soil regeneration methods, and digital farm management platforms.
SALIC was formed in 2012 invests across the agri-food value chain to enhance the Kingdom’s food security in line with Saudi Vision 2030. It has built a diversified global portfolio in grains, livestock, processing, and agri-tech, alongside strategic partnerships worldwide.
Suliman Al-Rumeih, Group CEO, SALIC, commented: “This collaboration with Syngenta reflects SALIC’s commitment to innovation, sustainability, and global partnerships.
“Together, we aim to help transform agriculture by integrating technology, knowledge, and responsible practices – empowering farmers, conserving resources, and building resilient food systems that strengthen Saudi Arabia’s food security and support future generations worldwide.”
Syngenta has a presence in more than 90 countries and is focused on developing technologies and farming practices that empower farmers to make the transformation required to feed the world’s population. The company is known for its bold scientific discoveries. It is developing new technologies and solutions that support farmers to grow healthier plants in healthier soil with a higher yield.
Alexander Berkovskiy, Regional Director AMEA, Syngenta, added: “Syngenta is proud to partner with SALIC to improve global food security and build resilient food systems in Saudi Arabia and around the world. Through this collaboration, we will help agriculture transform. We will explore innovative and sustainable solutions, infrastructure, education and training to equip farmers for success to ensure enough safe, nutritious, affordable food for all.”
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