OFWs in Saudi to engage in poultry farming: DTI

Assistant Secretary Merly Cruz of the Department of Trade and Industry (DTI) said this, adding that the project is a joint venture of a Saudi-based company and Maharlika AgroMarine Venture, owned by Vicente Lao, of the Philippines.

The joint venture is to set up a poultry project in the Kingdom of Saudi Arabia, an initiative of Kalid Zainy, chair of the Abbar and Zainy Group.

Cruz, who recently headed a trade and investment mission to Saudi Arabia, said that the project is one of the mission breakthroughs.

"Lao said at the end of the year, investors are guaranteed to get an earning. He said that poultry is a viable venture," Cruz said at the Club 888 media forum Wednesday.

"It is not only timely, but it is also a unique project, pinag-isipan talaga ito para matulungan ang mga OFWs (this has been thoroughly thought to help the Overseas Filipino Workers)," Cruz added.

To continue reading this article please click here

Source: Sun Star

Sign up for our
regular news updates

Sign up for our
regular news updates

More Poultry Industry News

•   BIRD FLU: Egypt Announces 88th H5N1 Case
•   Gas, Electrical Stunning Found to be Equally Humane
•   Farmers' Union Supports O'Kane Turkey Growers
•   Tyson Foods Names New Top Executives
•   WTO Investigates Poultry, Livestock Complaints
•   Taiwanese Nutritionists Learn About DDGS
•   Case Continues in Poultry Litter Suit
•   Philippines to Import Poultry Products to Meet Demand
•   Innovative Egg Pasteurisation Technology Launched
•   Ghana Aims for Poultry Self-Sufficiency by 2012