National Grain Company signs a construction agreement to build grains terminal in Yanbu Commercial Port
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National Grain Company, A Joint Venture Between SALIC and Bahri, signs a Construction Agreement to Build Grains Terminal in Yanbu Commercial Port, according to the company's release.
Under the contract, the contractor will construct a grain terminal in Yanbu Commercial Port with a storage capacity of 156,000 tons in the first phase, consisting of 12 silos with a total capacity of 96,000 tons and a flat warehouse with a capacity of 60,000 tons. The terminal will also include a conveyor belt with a length of 650 meters, unloading equipment with 800 tons per hour of discharge capacity, and a dedicated area for loading trucks and packaging, leveraging the latest technologies. The terminal is designed to handle, store, and distribute up to 3 million tons of grains annually, including barley, corn and soybeans.
SALIC and Bahri signed a joint venture agreement in August 2020 to establish the National Grains Company to contribute to achieving the food security strategy.