PIF sets up Sawani to unlock potential of camel dairy industry

20/07/2023 Argaam

صندوق الاستثمارات العامة يعلن تأسيس شركة سواني لتمكين صناعات منتجات حليب الإبل محلياً

Logo of Sawani Co.


The Public Investment Fund (PIF) announced today, July 20, the establishment of Sawani Co. (Sawani), to enable the growth of the Saudi 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.

 

Sawani 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 modernizing operations, improving the localization of knowledge and investing in the sector’s latest technologies.

 

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 center 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.

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