Saudi Arab Invest in Poultry

Investment in Poultry Farms in Saudi Arabia

Saudi Arabia has recently significant investments in its poultry sector to enhance self-sufficiency and food security. Key developments include:

• Investment Announcement: In July 2022, the Ministry of Environment, Water, and Agriculture (MEWA) unveiled a plan to inject SAR 17 billion (approximately $5 billion) into the poultry industry by 2025. citeturn0search0

• Self-Sufficiency Goals: The initiative aims to increase the Kingdom's poultry meat self-sufficiency rate from 68% in 2022 to 80% by 2025, targeting an annual production capacity of 1.3 million tons of broiler chickens. citeturn0search2

• Production Milestone: By the first half of 2024, Saudi Arabia achieved a record production of 558 million kilograms of poultry meat, marking a 9% increase compared to the same period in 2023. citeturn0search3

• Supportive Financing: The Agricultural Development Fund offers financing covering up to 70% of investment costs for companies adopting advanced technologies in poultry production. 

• Vision 2030 Alignment: These efforts align with Saudi Arabia's Vision 2030, focusing on enhancing food security, increasing local content, and creating employment opportunities within the agricultural sector. citeturn0search2

These strategic investments underscore Saudi Arabia's commitment to strengthening its poultry industry and achieving greater self-reliance in food production.

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