Logo of Tanmiah Food Co.
Tanmiah Food Co.’s subsidiary, Agricultural Development Co. (ADC), signed on Oct. 24 a memorandum of understanding (MoU) with Branch of Chengdu Design & Research Institute and Jiangsu Huali Co. Ltd. at the Saudi Agriculture Show.
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Under the one-year MoU, both parties will conduct a feasibility study to establish state-of-the-art poultry farms in Saudi Arabia, incorporating automation and Industry 4.0 technologies, Tanmiah said in a statement to Tadawul.
No financial impact is expected from this MoU.
There are no related parties to the deal.
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