Hassad has completed the first phase of the twin-phased expansion in Arab Qatari Company for Poultry Production - Al Waha, in which it owns 46% stake, whereby the latter is able to meet 70% and 40% of the market demand for chicken and table eggs respectively.
The move by Hassad, Qatar’s premier investor in the food sector comes as part of efforts to ensure self-sufficiency in the local poultry sector.
“It is our pleasure to announce the completion of the first operations phase in Al Waha’s expansion, where we were able to cover 70% of the market demands from chilled poultry, as well as cover 40% of the table eggs needs,” said Mohamed al-Sadah, Hassad chief executive.
The company is currently working in full capacity to operate the second phase of the expansion, which would see a noticeable increase in local poultry production levels, he said.
Hassad developed an expansion plan that comprised two phases to develop Al Waha’s operations and increase its production. The first phase has concluded successfully, which led to an increase in the local poultry production to 10mn frozen chicken a year from 7mn.
Moreover, the company finalised the expansion of the layer section, which doubled the table eggs production to 110mn units a year.
The second phase of Al Waha’s expansion would increase the local poultry production to 16mn a year - the additional 6mn chicken will be allocated to frozen poultry production lines and cuts. The company’s production of table eggs would reach 130mn a year.
Since Hassad took over the process of supervising Al Waha’s operations after the blockade, it has developed an expansion plan to increase the company’s capacity and develop its production processes, to satisfy the market needs in order to support the country in achieving self-sufficiency, al-Sadah added.
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