SAGO issues tender to import feed barley
Published by Lydia Woellwarth,
Editor
Dry Bulk,
Saudi Grains Organization (SAGO) has announced a tender to import 480 000 t of feed barley to be supplied during the period of March - April 2021, in order to increase the reserve stock as procedures are being completed to assign the importing and selling of barley to the private sector.
His Excellency Eng. Ahmad A. Al-Fares, Governor of SAGO, stated that the amount specified in the tender is distributed to eight shipments; six shipments to be delivered to the Kingdom’s ports on the Red Sea with an amount of 360 000 t, and two shipments to the Kingdom’s ports on the Arabian Gulf with an amount of 120 000 t.
H.E. pointed out that through the ‘Import’ platform, SAGO has completed the qualification procedures for nine private sector companies specialised in the trade of barley and have stations that meet the technical requirements for barley importing and trading as well as feed factories. In addition to five companies that are currently in the process of completing the documents and qualification requirements. H.E. also stated that all import applications submitted by qualified companies have been approved.
The Council of Ministers had previously approved the assignment of the importing and selling of barley to the private sector, which comes in line with the State’s direction towards increasing the private sector’s contribution to the Saudi economy and opening new areas for it to achieve the objectives of the Kingdom’s Vision 2030.
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/21012021/sago-issues-tender-to-import-feed-barley/
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