Riyadh – Mubasher: The board of the Saudi Agricultural Development Fund has approved SAR 750 million financing loans and credit facilities for the agricultural sector.
The financing loans aim to support greenhouse vegetable production, poultry breeding and production, fish farming, dates manufacturing industries, and refrigerated warehouses for agricultural products, according to a press release on Monday.
The Fund's Director-General, Munir bin Fahd Al Sahli, said that these facilities are part of the Fund's objective to develop the agricultural sector by allocating SAR 3.1 billion in a financing portfolio for the current fiscal year.
