Under the patronage of Bandar bin Ibrahim Al Khoraev, Minister of Industry and Mineral Resources, and in the presence of Engineer Majid bin Rafid Al-Khoubi, Chief Executive Officer of the Food Industrial Parks and Technology Zone Authority, Siniora Food Industries inaugurated its new factory in the city of Jeddah over two days in the presence of a large number of His Excellencies, officials and representatives of government agencies. Businessmen, media personnel and the company’s partners participated in a strategic step that reflects growing confidence in the investment and industrial environment of the Kingdom of Saudi Arabia.
The opening of the factory is part of Siniora’s expansion plans in the Saudi market and is also in line with the goals of Saudi Vision 2030, which aims to strengthen local content, support domestic industry, achieve food security and localize qualitative investments in the food industry sector.
Al Akkad: Strategic investment and trust in the Saudi economy
Tariq Omar Al Akkad, Chairman of the Board of Directors of Siniora Food Industries Ltd., emphasized in his speech that this project embodies firm confidence in the Saudi economy and in the attractive investment environment, integrated industrial system and effective government support that the Kingdom offers, making industrial investment a long-term option. He stressed that the new factory reflects Siniora’s commitment to building sustainable partnerships and responsible investments that contribute to supporting the national economy and improving the status of Saudi Arabia as a region. industrial center.
CEO: 10,000 tons annual production capacity and over 300 job opportunities
Magdi Al Sharif, CEO Engineer of Siniora Food Industries, described the new factory as an important operational achievement and a pivotal step in the company’s journey in the Kingdom, indicating that the project was implemented in accordance with the highest international standards in the food industry.
Al-Sharif pointed out that the first phase of the factory will be established on a construction area of 11,500 square meters and will have a production capacity of up to 10,000 tons of frozen and refrigerated products per year using the latest technology.
He added that with support from the Saudi Industrial Development Fund, the investment amount for the first phase amounted to SAR 150 million, contributing to the acceleration of the implementation of the project, stressing that the factory will focus on recruiting and training national capabilities, provide employment opportunities for about 300 people, and increase the proportion of Saudiization in the cadre.
The CEO praised the great cooperation this project received from the Ministry of Industry and Mineral Resources, the Industrial Parks and Technology Zone Authority (MODON), the Food and Drug Administration, and the Investment Promotion Agency, stressing that the speed of procedures and integration between government agencies played a crucial role in completing the project according to the specified schedule.
The new Siniora factory will be a qualitative addition to the Saudi food industry sector, as it will contribute to strengthening local supply chains, increasing production efficiency and supporting food security, in addition to transferring industry expertise and knowledge and localizing the latest technology in this important sector.
Under the patronage and presence of Bandar bin Ibrahim Al Khalif, Minister of Industry and Mineral Resources, CEO of Industrial City and Technology Zone Authority “MODON” Eng. Mr. Majid bin Rafid Alqubi is Deputy CEO of the Food Division of the Industry Center of the Ministry of Industry, Mineral Resources and Engineering. Khalid bin Ahmed Al Shahri and Mohammed bin Abdulrazak Al Oweiri, General Director of Agriculture and Food Production. Saniola Food Industry Company inaugurated its new plant in Jeddah over two days in the presence of several officials, representatives of government agencies, businessmen, members of the media and the company’s partners, in a strategic step reflecting the growing confidence in the investment and industrial environment in the Kingdom. of Saudi Arabia.
The opening of this factory comes as part of Saniora’s expansion plans in the Saudi market and is in line with the goals of Saudi Vision 2030, which aims to strengthen local content, support domestic industry, achieve food security and localize quality investments in the food industry sector.
Al Aqad: Strategic investment and confidence in the Saudi economy
In his remarks, Tareq Omar Al Akhad, Chairman of the Board of Directors of Saniora Food Industries, emphasized that this project embodies firm confidence in the Saudi economy and that the Kingdom offers in terms of an attractive investment environment, integrated industrial system, and effective government support, making industrial investment a long-term option. He asserted that the new factory reflects Saniora’s commitment to building sustainable partnerships and responsible investments that contribute to supporting the national economy and advancing the Kingdom’s status as a regional industrial hub.
CEO: 10,000 tons annual production capacity and over 300 job opportunities
For his part, Saniora Food Industries CEO Eng. Majidi Al Sharif explained that the new factory is considered an important operational achievement and a pivotal step in the company’s journey in the Kingdom, demonstrating that the project has been implemented in accordance with the highest global standards in the food industry.
Al-Sharif said the first phase of the factory will be established on a construction area of 11,500 square meters and will have the capacity to produce up to 10,000 tons of frozen and refrigerated products per year using the latest technology.
He added that with the support of the Saudi Industrial Development Fund, the investment scale of the first phase reached SAR 150 million, which contributed to the acceleration of the project implementation and confirmed that the factory will provide employment opportunities for about 300 people, with a focus on hiring and training the country’s talent and increasing the proportion of Saudiization in the workforce.
The CEO commended the great cooperation this project received from the Ministry of Industry and Mineral Resources, the Department of Industrial and Urban Technology Zones (MODON), the Food and Drug Administration, and the Investment Promotion Department, confirming that the speed of procedures and integration between government agencies played a vital role in completing the project within the specified deadline.
The new Saniola plant is considered a qualitative addition to the Kingdom’s food industry sector, as it contributes to strengthening local supply chains, increasing production efficiency and supporting food security, in addition to the transfer of industrial expertise and knowledge in this important sector and the localization of the latest technologies.
