Introducing Halal Products Development Company in Saudi Arabia

Riyadh: It has been announced to introduce Halal Products Development Company under Public Investment Fund of Saudi Arabia.

Halal Products Development Company ‘HPDC’ will invest in Saudi Arabia to make the Halal production industry more effective at the local level.

PIF According to the report The said company will specifically enable small and medium-sized local entrepreneurs and institutions to play their full and effective role in global halal markets.

The aim of the said ‘HPDC’ company is to promote Saudi Arabia as a global halal center around the world in addition to using modern technology for the development of other halal products including food, cosmetics and pharmaceuticals.

This initiative of the government is to develop the local industry and provide support in the development of the economy by highlighting the objectives of Saudi Arabia’s Vision 2030.

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