Riyadh, Feb 20 (KUNA) — The Secretary General of the Gulf Cooperation Council (GCC), Jasem Al-Budaiwi asserted Monday on the importance of strengthening strategic partnership to boost food security.

Saudi Arabia’s Tanmiah Food Co. announced on Thursday a plan to invest SAR 4.5 billion ($1.2 billion) by 2030 to cover 80% of poultry needs locally by 2025 and achieve food security and sustainability in the Kingdom.

Work is underway to ensure a balance between supply and demand for essential food commodities with a view to stabilising prices.