Saudi Fisheries company (SFICO) announced today on tadawul the details of its SAR 84m new projects as follows:
|
Project |
Floating Cages |
Fodder Factory |
Company’s Identity |
|
Total cost |
SAR 25m |
SAR 29m |
SAR 30m |
|
work starts |
January 2014 |
January 2014 |
December 2013 |
|
project completion |
August 2014 |
July 2016 |
April 2016 |
|
Trial run period |
August 2014 till May 2015 |
|
|
|
Goes on stream in |
May 2015 |
August 2016 |
|
|
Financed from |
IPO Proceeds |
IPO Proceeds |
IPO Proceeds |
|
Annual Production Capacity |
5000 tons |
96000 tons |
|
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