Saudi Arabia Invest Poultry
Poultry Farm in Saudi Arabia Saudi Arabia's Balady Poultry Company is to invest SAR1. 14 billion ($303 million) over five years to expand its business . The plans involve establishing two hatcheries with a combined capacity of 200 million. Saudi Arabia is actively investing in its poultry industry to achieve self-sufficiency and bolster food security. Key developments include: Government Initiatives : The Ministry of Environment, Water, and Agriculture (MEWA) aims for local poultry production to account for 80% by 2025 and 100% by 2030. To support this, MEWA offers incentives, including subsidies up to US$ 187 million annually for local producers. citeturn0search0 Private Sector Expansion : Almarai, the largest Saudi dairy farm and the third-largest chicken meat producer, announced a US$ 1.8 billion expansion plan to double its poultry production over the next five years. citeturn0search0 Recent Investments : Balady Poultry Company plans to invest SAR1....