Hail Investment Forum unveils SAR 8.5B in agreements, projects

Prince Abdulaziz Al Saud, Governor of Hail Province, oversaw the launch of a package of agreements, initiatives, and projects at the opening of the Hail Investment Forum 2025, with a total value of SAR 8.5 billion.

These strategic partnerships between government entities and investment bodies aim to boost regional growth and stimulate the local economic environment.

According to the Saudi Press Agency (SPA), the forum showcases 125 investment opportunities, including 14 strategic opportunities worth over SAR 34.2 billion, in support of the business sector.

Deputy Minister of Environment, Water, and Agriculture Mansour Al Mushaiti announced the launch of the Middle East’s first and largest rainbow trout production project. The facility is expected to reduce the Kingdom’s trout imports by 50% and generate over SAR 5 billion in sales over the next decade.

He also revealed the signing of the largest investment in red meat production at a single location in Hail, furthering the Kingdom's goal of self-sufficiency in red meat, which reached 61% by the end of 2024.

Additionally, he highlighted that the region is home to one of the largest poultry production projects, with an annual production capacity exceeding 130,000 tons. The project recently underwent an expansion exceeding SAR 4.5 billion, bringing its total investment to over SAR 11 billion, making it the largest poultry production project locally and regionally.