Ministry discusses localizing yeast production with a French company.

Localizing the yeast industry and developing fermentation solutions within the Kingdom

The Deputy Minister of Industry and Mineral Resources for Industrial Affairs held a meeting at the ministry’s headquarters in Riyadh with the General Manager of Lesaffre Gulf, to discuss enhancing cooperation in the food industries sector, particularly in localizing the yeast industry and developing fermentation solutions within the Kingdom.

Discussing opportunities for transferring knowledge and modern technologies and building national capabilities in this field

The meeting reviewed available investment opportunities in yeast manufacturing and increasing local content in inputs for the bakery and food industry, contributing to supporting national food security, along with discussing opportunities for transferring knowledge and modern technologies and building national capabilities in this field.

The meeting also highlighted the enablers provided by the industrial system to investors, including services offered by the authority such as industrial lands, ready-made factories, and supportive solutions for quality investments.

In a related context, the National Center for Industrial Development signed a memorandum of understanding with Lesaffre to cooperate in localizing yeast product manufacturing and exchanging expertise in the food industries sector, supporting the targets of the National Industrial Strategy.

Lesaffre is one of the world’s leading companies in yeast production and fermentation solutions, with over 170 years of experience and a broad international presence serving the food and bakery sectors.

This cooperation comes within the efforts of the Ministry of Industry to enhance international partnerships in food industries and support the development of priority industries according to Vision 2030, amid rapid sector growth with new investments exceeding 28 billion riyals, targeting reaching 78 billion riyals and raising exports from 22 to 31 billion riyals by 2035.

Exploring opportunities for localizing food industries in the Kingdom

Riyadh

Riyadh is the capital and largest city of Saudi Arabia, evolving from a modest walled settlement in the 18th century into a sprawling modern metropolis. It rose to prominence after the House of Saud captured the city in 1902, leading to its establishment as the nation’s political and administrative center. Today, Riyadh blends its historical roots, seen in landmarks like the Masmak Fortress, with futuristic skyscrapers and ambitious development projects.

Riyadh

Riyadh is the capital and largest city of Saudi Arabia, located in the heart of the Arabian Peninsula. Originally a small, walled oasis town, it rose to prominence in the 18th and 19th centuries as a stronghold of the Al Saud dynasty, and in 1932 it became the capital of the newly unified Kingdom of Saudi Arabia. Today, it has transformed into a modern, sprawling metropolis that blends its historical roots—such as the Masmak Fortress—with futuristic skyscrapers and rapid economic development.

Riyadh

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Riyadh

Riyadh is the capital and largest city of Saudi Arabia, located in the historic region of Najd. Originally a small, walled oasis town, it rose to prominence in the 18th century as a stronghold of the Al Saud dynasty and became the center of the first Saudi state. Today, it has transformed into a modern metropolis, blending its traditional heritage with futuristic skyscrapers and serving as the nation’s political, financial, and administrative hub.