Brasil Foods Invest AED 533 Million in Kizad Food ClusterSource: www.export-egypt.com 9/15/2013, Location: Middle East |
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Khalifa Industrial Zone Abu Dhabi (Kizad) announced the signing of a new Musataha agreement with Brasil Foods (BRF), South America’s largest food processing company and the producers of Sadia, the region’s most renowned brand in frozen foods.
The agreement, with Federal Foods Company, the local arm of Brasil Foods, was signed by Engineer Khaled Salmeen, CEO and Managing Director of Kizad, and Mr. Patricio Rohner, General Director BRF Middle East of Brasil Foods. The AED 533 million investment provides Brasil Foods with a land plot of 1,743,00 sq.ft in the free zone area’s food manufacturing cluster of Kizad Area A, which will be used to produce diverse products including meat products, marinated processed foods and other bread based foods. Expected to be fully operational by 2014, the Kizad based plant will have a production capacity of 80,000 tonnes annually. Commenting on the occasion, Khaled Salmeen said: “We are pleased to welcome South America’s largest food processing company, and the largest poultry exporter in the world, to Kizad. Through Kizad’s food manufacturing cluster, we aim to support Abu Dhabi’s Economic vision 2030 by increasing food production within the emirate through reducing dependence on imports. Brasil Foods will benefit from Kizad’s multi-modal transportation infrastructure and proximity to Khalifa Port, the only semi-automated port in the Middle East, allowing them to tap new markets and increase their business output dramatically”. Patricio Rohner at Brasil Foods added: “Our strategic agreement with Kizad will facilitate the access to global markets faster and more efficiently, giving us the competitive advantage and enhancing our brand penetration, distribution, and sales. Setting up in Kizad will also allow Brasil Foods to produce local goods and processed foods customised to fit the local and regional demand, and expanding our food portfolio.” Based in Sao Paolo, Brasil Foods, South America’s largest food processing company, and the world’s largest poultry exporter, was formed following a AED 14 billion merger between two of the largest meat packers, Sadia and Perdigao. |
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