ArabianBusiness.com - Middle East Business News
Wednesday, 10 February 2010 03:16 UAE time

YOUR DIRECTORY /

 
Print Print | Email Email | Discuss this article (0 Comments)
| Share |

Oman firm signs deal for Qatar poultry project

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Monday, 09 November 2009
EGGS DEMAND: The new project will supply 20 percent of Qatar's egg and chicken demand. (Getty Images)

Oman company A'Saffa Poultry has signed a $68m deal to manage a project which aims to supply Qatar with 20 percent of its demand for poultry and eggs.

The agreement has been inked with Hassad Food of Qatar and when operational the farm project will have a capacity of 17,000 metric tonnes of chicken per annum and 90 million eggs.

Hassad Food, Qatar's main investor in the agriculture and livestock sector, and A'Saffa Poultry said the project would be up and running within 30 months.


Story continues below
advertisement

Nasser Mohamed Al Hajri, chairman and managing director of Hassad Food, said: "The new poultry farm in Qatar will comply to Islamic Shariah principles in its maintenance and slaughtering of the chicken and will have a new label of its own.

"The 30sq km farm will be located towards the south of Qatar away from the residential areas and produce up to 17,000 metric tones of chicken and 90 million eggs annually."

Production is expected to start within 30 months.

Last month, Hassad Food Company announced the establishment of a joint venture with a capital of $100m in Sudan.

The deal is part of a planned $1bn agricultural investment in the African country.

Al Hajri hailed the agreement as the beginning of a plan by his company to achieve food security for both Qatar and Sudan.

Print Print | Email Email | Discuss this article
| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

 EMAIL ALERTS

  1. Hassad Food, Qatar

  2. Retail


Tell us your story

Best of 2009 - Special Report

Think Tank

READER COMMENTS

  1. Gulf carriers ‘generation behind’ Cathay on service 11
    09 Feb ' 10 at 11:55
    I was based in Bahrain and then Dubai for many years, and flew many times on many airlines operating between the Gulf states and Asia,...   More  »
  2. Emaar continues Burj Khalifa maintenance work 06
    09 Feb ' 10 at 13:27
    Burj Khalifa is an architectural wonder and deserves accolades only. Trivial issues are being magnified by the media to tarnish Burj...   More  »
  3. UAE launches workers' rights booklet 05
    09 Feb ' 10 at 13:58
    The 'legitimate residency' does open up an issue where workers have been effectively dumped after a contract and not flown home as...   More  »

Read all user comments >

MORE FROM ARABIANBUSINESS.COM