The project is under establishment. It aims to reduce the import of poultry product and to develop the poultry sector in Kuwait, as well as to raise consumer awareness on the consumption of locally produced meat rather than imported frozen products.
Authorized capital is KWD8.63 million and company shareholders are:
The expected sales at maturity year are about KWD 7 million (USD 23 million).
Approximately 3% of total local demand.
Investment cost estimated at KWD12.4 million (equivalent to US$40.9 million), of which equity finance is KWD8.6 million and KWD3.8 million from company cash flow.