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Saudi Arabia Signs Contracts to Build in Wheat Silos, Flour Mill

Saudi Arabia signed two contracts valued at 560 million riyals ($149 million) to build wheat silos and a flour mill in Jazan in the southwest of the kingdom, the Saudi Press Agency reported, citing Minister of Agriculture Fahd Balghunaim.

It didn’t provide details of the companies that would build the silos and the mill.

To contact the reporter on this story: Mourad Haroutunian in Riyadh at mharoutunian@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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