Riyadh, September 27, 2024, The Ministry of Environment, Water, and Agriculture has announced that the Kingdom has achieved a significant milestone in poultry meat production during the first half of 2024. The country recorded a record-breaking 558 million kilograms of poultry meat, representing a 9% increase compared to the same period last year.
The ministry attributed this achievement to implementing robust biosecurity measures in poultry projects and promoting modern technologies in production processes. The Agricultural Development Fund's generous financing of up to 70% of the investment cost for companies adopting modern technologies has played a pivotal role in driving the growth of the poultry sector and increasing local production.
The Kingdom's commitment to self-sufficiency in poultry meat is evident in its ongoing efforts to expand the sector through strategic investments. By increasing production capacity, the Kingdom aims to achieve national food security, enhance local content, and create new job opportunities.
The Ministry of Environment, Water, and Agriculture has set a lofty goal of complete self-sufficiency in poultry products. To realize this vision, the ministry offers a range of government incentives, including support packages and loans through the Agricultural Development Fund. These initiatives align with the broader objectives of the Kingdom's Vision 2030.