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Ahmad Alayadh, Undersecretary of Ministry of Environment and Water for Agriculture
Ahmad Alayadh, Undersecretary of Ministry of Environment and Water for Agriculture (MEWA), stated that Saudi Arabia has achieved a 70% self-sufficiency rate in the poultry sector due to strong partnerships with the private sector and industry efforts.
During a press conference at the Middle East Poultry Expo, he explained that there was a plan to inject SAR 17 billion into the poultry sector, with 80% already invested within the Kingdom.
He added that agreements worth over SAR 4 billion, signed during the Expo with major poultry producers, will help achieve the required targets.
These agreements aim for an 80% self-sufficiency target by 2025 and 90% by 2030. The Kingdom set a clear plan at the beginning of Vision 2030, in cooperation with relevant authorities, to achieve self-sufficiency in the poultry sector.
Alayadh urged the private sector to invest more in the poultry sector, emphasizing its potential for creating new direct and indirect job opportunities.
Regarding foreign investments, he noted that they view the Kingdom as a comprehensive investment hub.
He mentioned that Almarai Co. signed five new agreements during the Expo with global companies. Previously, agreements were signed between Tanmiah Food Co. and the Ukrainian MHP Company, and Tyson Foods Co., contributing to the ministry's goal of self-sufficiency.
Minister Abdulrahman Al-Fadhli witnessed on May 14 the signing of several agreements in the poultry sector, with investments exceeding SAR 4 billion, according to data compiled by Argaam.
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