Baladi Poultry indicators two long-term lease contracts for 2 lands in Wadi Al-Dawasir

Baladi Poultry signs two long-term lease contracts for two lands in Wadi Al-Dawasir

Emblem of my poultry firm


Firm introduced My poultry Signing two long-term land lease contracts to develop the poultry enterprise, for a interval of 19 Hijri years, renewable for the same interval or durations, on Rabi’ al-Thani 17, 1447 AH, comparable to October 9, 2025 AD.

The corporate defined in its assertion on Tadawul, The corporate obtained, beneath the contracts, the next:

1- Land in Wadi Al-Dawasir Governorate, Riyadh, with an space of ​​roughly 27.7 million sq. metres, with an annual hire of 222.62 thousand riyals.

2- Land in Wadi Al-Dawasir Governorate, Riyadh, with an space of ​​roughly 23 million sq. metres, with an annual hire of 190.27 thousand riyals.

She said that this comes for the aim of investing within the manufacturing of broiler chickens, and a big portion of the barns can be allotted to the manufacturing of broiler chickens of huge weights, and thus the corporate has achieved securing one of many essential manufacturing elements.

It indicated that it plans to ascertain broiler poultry farms with worldwide requirements and specs that meet its present and future wants, whereas enhancing manufacturing high quality, elevating charges of manufacturing effectivity and biosecurity functions, which can allow it to double the quantity of its poultry enterprise and develop the vary of its merchandise to fulfill the wishes of the biggest section of shoppers.

She added that this funding is taken into account an essential step as a part of the corporate’s introduced technique to develop its poultry enterprise with investments exceeding 1.14 billion riyals.

The corporate anticipated that this funding would obtain a great price of return that might be mirrored positively on the corporate’s monetary statements after its operation.

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