JCPDI signs SAR 100M MoU with Chinese food firm
The Royal Commission for Jubail and Yanbu (RCJY) announced that Jazan City for Primary and Downstream Industries signed a memorandum of understanding (MoU) with a Chinese company to enhance and support the development of the food industries sector in the city and to facilitate the company's investments.
The company's investment will exceed SAR 100 million and will include the establishment of a factory in the animal protein zone in Jazan for the production of meat and poultry, with an export capacity exceeding 50,000 tons annually, the state-run SPA reported.
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