Recently, RICHI signed a Saudi Arabia forage processing construction project. This project produces 100,000 tons of cattle and sheep feed and 20 tons of forage annually. It uses a set of RICHI advanced forage production lines, including raw material receiving and storage section-raw material receiving and initial cleaning section-crushing section-granulation section-mixing section-granulation section-finished product packaging section and auxiliary section, etc.

The main construction content includes forage processing workshop, raw material warehouse, finished product warehouse, concentrated feed warehouse, water supply station, boiler room, comprehensive building, etc., with a total construction area of ​​7,890 square meters.

The area where the project is located requires 350,000 tons of forage and more than 200,000 tons of feed for fattening each year, which provides a broad market prospect for the sales of products after the implementation of the project. At present, most of the forage feed for cattle and sheep in the local area is transferred from other places and processed by farmers themselves.

The nutritional composition ratio of forage is unscientific, which reduces the feed-to-meat ratio and increases the breeding cost. Therefore, the project meets the development requirements of Saudi Arabia’s forage industry and local actual needs, reduces the feeding costs of farmers, increases the economic benefits of feeding, and promotes the healthy development of local cattle and sheep industries.

• Investment analysis: The total investment in equipment is US$1.15 million, and the construction investment is US$2.8 million.
• Project expectations: The project construction period is about 2 years, the first 2 months are the project approval, land application, and formalities handling stages, the construction period is 15 months, and the project construction payback period is about 3 years.