Business

SAGO completes procedures for 7th barley tender in 2020

Samar

Saudi Grains Organization (SAGO) has completed procedures for importing 730,000 tons of barley; representing the seventh and last tender for 2020; from the European Union, Australia, the Black Sea, North and South America; except Canada.

Governor of SAGO Eng. Ahmad Abdulaziz Al-Fares stated that the amount specified in the tender is to 12 ships; eight ships with the amount of 480,000 tons for the Kingdom's ports on the Red Sea and four ships; with the amount of 250,000 tons for the Kingdom's ports on the Arabian Gulf during the period of January-February 2021.

The governor also confirmed that this tender comes within the organization's plan to meet the local demand for feed barley and maintain its strategic reserve; enabling the private sector to import barley and increase its contribution to the Saudi economy in accordance with the Saudi Vision 2030.

Eng. Al-Fares also said that the organization has contracted to import about 5.8 million tons during 2020; adding that SAGO will cooperate and coordinate with the private sector. This is to facilitate barley's importation via a package of e-services that will be launched soon.