– Biogrand, an Egyptian fertilizer manufacturer, is set to establish a new factory in Saudi Arabia by February 2025, with an investment of up to SAR 25 million, in collaboration with Saudi investors.
– The new facility will address the growing fertilizer demand in Saudi Arabia, with 50% of its production designated for export to four other Arab countries, enhancing Biogrand’s role in the regional agricultural supply chain.
– This initiative supports Saudi Arabia’s Vision 2030 by boosting local production and reducing reliance on imports, while also strengthening economic ties between Egypt and Saudi Arabia.
Egyptian fertilizer producer Biogrand plans to launch a new manufacturing facility in Saudi Arabia by the end of February 2025, with an investment reaching up to SAR 25 million, as reported by local media.
The project will be carried out in partnership with Saudi investors, highlighting a strategic alliance focused on enhancing the region’s agricultural productivity.
This new facility is part of Biogrand’s larger expansion strategy, aimed at meeting the increasing demand for fertilizers in the Saudi market. The factory will not only cater to local requirements but will also export 50% of its output to four other Arab nations, positioning Biogrand as a significant contributor to the regional agricultural supply chain, according to Al Mal News.
This initiative aligns with Saudi Arabia’s Vision 2030, which prioritizes boosting local production and reducing dependence on imports. The collaboration between Biogrand and Saudi investors emphasizes the ongoing efforts to fortify economic ties between Egypt and Saudi Arabia while supporting the broader objectives of regional agricultural development.
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