Sustainable Food Security Vital to Economic Growth
During the third dialogue session entitled “Sustaining Food Security in Taif”, the speakers of the Taif Investment Forum considered the food-security related sectors, whether in agriculture or food industries, vital to develop the agricultural sector, food industries and consequently the economy.
Importance of Food-Security Related Sectors
It is also vital to enhance the process of marketing agricultural products, by providing a safe investment climate to highlight this sector’s meaningful economic returns by encouraging partnerships between the public and private sectors.
The food supply chain plays a pivotal role in economies growth. This will open broad horizons for working to achieve sustainability, employ innovation in technology tools, and manage food and agricultural production using advanced future solutions.
The session included a number of government officials, CEOs, industry experts and specialists in this sector. The session discussed the role and importance of effective agricultural sustainability in the food security file, which is one of the most important economic growth strategies and a fundamental axis of comprehensive development that countries’ economies are going through.
Al-Sahli Remarks
Director General of the Agricultural Development Fund Munir Al-Sahli explained during his participation that the Fund is working to support farmers through loans and financing in the Kingdom.
He noted that the Fund is taking steady steps to maintain the flow of supply chains and strengthen the infrastructure of the agricultural sector in various Saudi cities through a number of Financing and incentive programs.
Al-Sahli highlighted the roles contributing to the development of agricultural mechanisms and tools, and ways to achieve the sustainable development strategy in food security.
Furthermore, he noted that the Fund supports and encourages the use of modern technologies in agricultural sector projects, through a group of major targeted agricultural projects
The Fund’s programs come within the framework of its role in contributing to achieving the agricultural strategy through the best sustainable financing methods, and work to develop and raise the various lending services provided by the Fund.
Al-Sahli highlighted the role of the Agricultural Development Fund in financing agricultural projects, and the role of the products and services it provides in supporting the agricultural sector in the Kingdom, as well as contributing to supporting small farmers and others.
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