The Saudi Coffee Company, part of the Public Investment Fund, has officially assumed management of the Saudi Coffee Development Center in the Al-Dayer Governorate of Jazan from Saudi Aramco, in coordination with the Strategic Office for the Development of the Jazan Region. This step marks a significant achievement in the ongoing development of the coffee sector's infrastructure in the Kingdom, aiming to boost local production and improve the quality of Saudi coffee.
The center is the result of a quality initiative by Saudi Aramco, as part of its diverse citizenship initiatives launched to support the cultivation and production of coffee in the region. The center was inaugurated in the presence of Prince Mohammed bin Abdulaziz bin Mohammed bin Abdulaziz, the Governor of Jazan, to serve as an advanced platform to enhance the sector's capabilities in the Kingdom and reflects the government's commitment to developing local industries.
Event Details
The CEO of the Saudi Coffee Company, Engineer Bandar Ali Al-Qahtani, stated that the center represents a fundamental driver for expanding production capacity, empowering farmers, and creating added value at all stages of the coffee sector's value chain. This strategic step reflects the shared goals between Aramco and the Saudi Coffee Company to empower local communities and maximize the economic impact of Saudi coffee.
Al-Qahtani added that the company continues its efforts to transform the southern region into a global center for premium coffee through strategic investments covering the entire value chain, thereby enhancing the integration of efforts and supporting local economies.
Background & Context
The Jazan region is considered one of the important agricultural areas in the Kingdom, boasting fertile soil and a suitable climate for coffee cultivation. In recent years, there has been increased interest from the Saudi government in developing this sector as part of Vision 2030, which aims to diversify the economy and reduce dependence on oil.
Saudi Aramco has collaborated with the Charitable Society in Al-Dayer and the Mountainous Areas Development and Reconstruction Authority in Jazan to develop coffee cultivation and production, reflecting the commitment of major companies to support local communities and enhance the national economy.
Impact & Consequences
The Saudi Coffee Development Center is expected to contribute to improving production quality and increasing efficiency, thereby enhancing the Kingdom's ability to compete in global markets. It will also help create new job opportunities for local farmers, contributing to an improved standard of living in the region.
This step is also part of the Kingdom's efforts to achieve food security and promote sustainability in the agricultural sector, contributing to the realization of sustainable development goals.
Regional Significance
This initiative underscores the importance of developing local industries in Arab countries, where it can serve as a model for promoting sustainable agriculture and achieving economic development. It also reflects new trends towards investment in non-oil sectors, contributing to economic stability in the region.
In conclusion, the Saudi Coffee Company's takeover of the management of the Coffee Development Center in Jazan represents a strategic step that enhances the Kingdom's position in the global coffee market and contributes to achieving sustainable development goals.