The company was established in 2016 with the aim to produce 150 million hatchery eggs per year to meet the needs of the project’s shareholders and bridge the gap in the Gulf market.
Hima state, Al Ghaftain - Sultanate of Oman
Capital is OMR28.86 million and company shareholders are:
Gulf Investment Corporation
A'Saffa Food Company
Atyab –Iffco Poultry (AIPC)
A'Namaa Poultry Co. SAOC (A'Namaa)
Internal Security Service Pension fund (ISSPF)
The expected sales at maturity year are about OMR 27 million (USD 71.5 million)
Estimated at 8.5% of total Gulf market demand
Project’s investment cost is about OMR61.5 million (equivalent to USD160 million), financed by equity of approximately OMR28.86 (equivalent to USD75 million) and loans of approximately OMR32.64 million (equivalent to USD85 million).