BRF and HPDC to invest in new Saudi Arabian halal food plant
Partnership to invest $160 millionBrazilian meat processor BRF and the Halal Products Development Company (HPDC), a subsidiary of Saudi Arabia's Public Investment Fund (PIF), announced on Monday a $160 million investment in a new food plant in Saudi Arabia, according to a BRF statement seen by Reuters.
The plant, scheduled to start operating in mid-2026, will be built in the city of Jeddah through the BRF Arabia Holding Company, a joint venture between BRF and HPDC established in 2023.
Production will focus on processed foods with a capacity of approximately 40,000 metric tons per year.
Serving the Saudi market is the initial priority, but exporting to other countries in the region is also a possibility, according to BRF.
"The investment represents another consistent advance in our strategy of global presence and strengthens our operations in a highly strategic market," BRF's chairman Marcos Molina said in the statement.
The new facility marks BRF's seventh production unit in the Middle East and the third in Saudi Arabia.