BRF and HPDC announce an investment of $ 160 million in a new factory in Saudi Arabia

The food factory, scheduled to start operating in mid -2026, will be built in the city of Jeddah

SAO PAULO (Reuters)-Brazilian BRF Meat Processor and Halal Products Development Company (HPDC), a subsidiary of the Saudi Arabia Public Investment Fund (PIF), announced a $ 160 million investment in a new food factory in Saudi Arabia, BRF said in a statement.

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The factory, scheduled to start operating in mid -2026, will be built in the city of Jeddah through the Joint Venture between AEA HPDC, BRF Arabia Holding Company, the statement said.

(Ana Mano’s report)