Saudi Arabia’s PIF launches Sawani to Target Camel Milk Industry Growth
Saudi Arabia’s Public Investment Fund (PIF) has announced the establishment of Sawani Company to enable the growth of the Kingdom’s camel farming industry and actively contribute to its sustainable development.
The company aims to be a leading producer of camel dairy products, supporting Saudi Arabia’s wider Food and Agriculture sector and helping to diversify the Saudi economy, in line with Vision 2030.
It will work in partnership with the private sector to boost the production capacity of the camel dairy industry and seek to elevate the standards of the domestic production ecosystem by modernising operations, improving the localisation of knowledge and investing in the sector’s latest technologies.
Saudi Looks to Grow Camel Dairy Sector
PIF has invested strategically in the Food and Agriculture sector to help diversify the Saudi economy, and support its unique produce industries.
Among these investments are its creation of the Saudi Coffee Company, which promotes Saudi Khulani coffee beans and the Halal Products Development Company, which invests in the halal products sector.
Since 2017, PIF has established 84 companies in 13 strategic sectors.
Sawani will place sustainability at the centre of all stages of production, distribution, and marketing, and raise awareness of the health benefits of camel dairy products among consumers.
It will also showcase the unique history and cultural heritage of camel husbandry within Saudi Arabia.
Camel milk is commonly known for its nutritional benefits, including high amounts of minerals and vitamins such as A, B, E and C.
It is also rich in calcium, protein and anti-oxidants. Camel milk is also considered low in cholesterol and is easy to digest.
By: Gurmeet Singh
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