Saudi Poultry Sector Seeks Government Support07 April 2014
SAUDI ARABIA - Several poultry sector investors area calling on concerned government agencies to assist the financial support of farming businesses.
They say some investors are facing many obstacles, notably lack of land and support they should have been given in marketing their products at local markets.
Arab News has reported that Faisal Al-Gufaidi, head of the Cooperative Society for Poultry Producers in Makkah, confirmed that the lack of arable land for poultry projects compounds old and new investors noting that bureaucracy and duplicity of offices in issuing licenses were the reasons for discouraging investors to remain in the sector.
“The members of the society hope to have a slaughterhouse for small investors in the Makkah Region who account for 40 percent of the total investors in the region,” he said.
When deprived of the chance to have their products distributed in big stores and hypermarkets, the small investors were forced to sell their products to the bigger investors, he added.
On the other hand, Muhammad Al-Zahrani, an investor in the poultry farm installation sector said that investments in small and medium farms have recently declined.
"Many of them have preferred to invest in neighboring countries to escape bureaucratic complications and their inability to compete with mega companies,” he said.
ThePoultrySite News Desk