Joint venture with Oman Food Capital to operate local beef, poultry and lamb production facilities, creating an export hub
JBS, one of the largest food companies in the world, has just announced the creation of a new multi-protein platform in Oman, in the Middle East, aimed at the production of beef, poultry and lamb. With an investment of US$ 150 million, JBS acquired an 80% stake in a newly created food holding company that consolidates two production assets in the country. In the partnership, Oman Food Capital (OFC) will keep the other 20%. OFC is the food and agribusiness investment arm of the Oman Investment Authority (OIA). The initiative reinforces JBS’s strategy of geographic and protein diversification, as well as proximity to strategic consumer markets.
The joint venture contributes to strengthening food security in the country, in line with the Vision 2040 of the Sultanate of Oman, while positioning the country as a strategic platform for the production of halal food intended for export to various markets. The initiative was designed to serve the global halal market, which brings together about 2 billion consumers worldwide.
The funds will be directed primarily towards the completion of A’Namaa’s integrated poultry plant, located in the Ibri region of northern Oman, approximately 380 kilometers west of Muscat, the country’s capital, and 280 kilometers south of Dubai in the United Arab Emirates. The investments also target Al Bashayer’s beef and lamb processing unit in Thumrait, southern Oman.
With these investments, the operation should reach an estimated static industrial capacity of more than 300 thousand tons per year. Daily processing should be around approximately 1,000 cattle, 5,000 lambs and 600 thousand birds. The expectation is that production will start within 6 months for beef and sheep, and in 12 months for poultry.
The project is expected to create more than 3,000 direct jobs over the next five years in Oman along the entire production chain, contributing significantly to local economic development, the qualification of the workforce and the growth of the country’s agri-food sector.
With this new project, JBS will now have operations in 26 countries spread across five continents. The move represents JBS’s first upstream investment in the Middle East, a strategic milestone in the company’s regional expansion, reinforcing its long-term commitment to building local and integrated production platforms in key markets.
JBS in the Middle East
JBS continues to expand its industrial operations, exports and strategic partnerships in the Middle East. Recently, the Company inaugurated and announced the expansion of a plant in Jeddah, Saudi Arabia, as part of a total investment of US$ 85 million in the country, aimed at the production and sale of higher value-added products under the Seara brand.
In addition, the company already operates Seara factories in Dammam, also in Saudi Arabia, and in Ras Al Khaimah, in the United Arab Emirates. Currently, JBS has around 1,600 employees throughout the Middle East.
