Saudi Arabia’s Minister of Environment, Water, and Agriculture Engineer Abdulrahman bin Abdul Mohsen Al-Fadhli has revealed an expansion plan for the broiler sector and support services to boost the self-sufficiency rate of poultry meat to 80 percent by 2025 as a first stage to achieve food security.
The Saudi minister said that the expansion plan is in cooperation with the relevant authorities and it will contribute to pumping new investments into the poultry production sector in the Kingdom with a value of $4.5 billion (SR17 billion) until 2025.
According to the statement, this move intends to achieve a target production capacity estimated at 1.3 million tons of broiler chickens annually.
“The Agricultural Development Fund for companies and institutions wishing to expand in the poultry production industry will provide around 70 percent of the investment cost when using advanced technologies, explaining that these new expansion investments come to enhance the role of the poultry production sector in achieving food security and providing high-quality local products and appropriate prices, in direct line with the Kingdom’s Vision 2030, which aims to support the private sector, increase its contribution to economic development, and raise its contribution to the gross domestic product.”
Furthermore, Eng. Al-Fadhli highlighted the constant support and follow-up that the sector enjoys from the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and HRH the Crown Prince, to achieve food security.
“The Kingdom’s percentage of self-sufficiency in poultry meat production jumped from 45 percent in 2016 to 68 percent in 2022, as the Ministry seeks through its plans, programs, follow-up, and technical support to raise the self-sufficiency rate of poultry meat to 80 percent to achieve food security,” as per the statement.