Brazil’s Perdigí£o Bullish on Arab Market

Perdigão, a traditional exporter of chicken to the Middle East, intends to start
selling greater added value products, including sausages and hamburgers, to
Saudi Arabia, Kuwait, Bahrain, the United Arab Emirates, and Qatar.

by Geovana Pagel


“With this we hope to have a 20% increase in sales (to the region),” stated the company Foreign Relations director, Ricardo Meneses, yesterday during the Expo Abras 2004 fair.


Export of the new products, to be halal, should start next year. The company, which is commemorating 70 years in operation, has been selling to the Middle East since 1977.


According to the director, the Arabs already answer to 30% of Perdigão export. “The Arab countries are currently one of our main markets. This is so true that all the units follow Islamic regulations, executing halal slaughter,” he explained. The company also has an office in Dubai so as to simplify sales to the region.


Perdigão has the largest stand among the exhibitors at Expo Abras, with an area of 720 square metres. The company forecast is to receive around 6,000 visitors a day.


In the first half of this year, Perdigão export rose 61.4% in terms of revenues and 24.6% in terms of volume. Export totalled 149,400 from April to June, a growth of 19.9% with regard to the second quarter last year. Company foreign trade represented 59.4% of net revenues in the period, around US$ 412.6 million.


New Factory


Perdigão also took advantage of Expo Abras to announce investment of around US$ 104.5 million. Most of these funds, around US$ 82.5 million will be invested in the construction of a new agro-industrial complex in the city of Mineiros, in the midwestern Brazilian state of Goiás.


According to Meneses, the work will be partially funded by a Goiás state special program for government investment, and by a midwestern fund, through the Bank of Brazil.


“The unit will be destined to halal slaughter and to the processing of turkey and Chester. There will be two slaughterhouses, one hatchery, an animal feed plant, and a distribution center, and should be put into operation in the second half of 2006,” he explained.


The company is going to generate around 2,000 direct jobs, and 6,000 indirect jobs in this new unit. The complex will have a processing capacity of 81,000 tons/year, the project forecasts an increase in company revenues of around US$ 190 million.


Another US$ 22 million, part of the company investment program for 2004/2005, will be turned to logistics, infrastructure, and improvement of production lines, including distribution and expansion of the productive capacity in various units in the southern Brazilian states of Santa Catarina and Rio Grande do Sul.


ANBA ”“ Brazil-Arab News Agency

Tags:

You May Also Like

Brazilian Market Ends Rush Up Touched by US News and Oil Prices

Latin American markets were mixed, as Mexico was fueled by some key earnings reports, ...

Lula and King Mohammed VI Have Big Plans for Brazil and Morocco

Brazil’s President, Luiz Inácio Lula da Silva, said Friday, November 26, during the meeting ...

Brazil Lauches New and Improved Rocket

Brazil’s first probe missile prototype, the VBS-30, was launched this Saturday, Otober 23, at the ...

Milton Nascimento Back in California for Stanford Jazz Festival

Brazilian music legends Milton Nascimento and Oscar Castro-Neves will be on the campus of ...

Brazil to Overhaul Country’s 11 Main Ports

Brazilian President Luiz Inácio Lula da Silva announced that the government will invest US$ ...

Families of Soldiers Killed in Iraq Join Anti-Bush Protests in Argentina

US President George W. Bush arrived in Mar del Plata, Argentina, on Thursday night ...

Brazilian industry

Who Is Really Afraid of the FTAA? Brazil’s Big Business

Although every Latin American government pays lip service to integration, taking the concrete steps ...

Brazil Wants to Re-Nationalize Vale, World’s Largest Iron-Ore Producer

According to Brazil's most respected weekly magazine, Veja, the President of Brazil, Luiz Inácio ...

What Portuguese Is This?

In Brazil there is almost a total ignorance about the mother nation. After a ...

Brazilian Girl, 9, Becomes Mother

A 9-year-old gave birth to a baby girl in the western Amazon jungle, a ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`