Ministry of Investment signs deal with Hotpack to establish food packaging plant

03/04/2023 Argaam

Ministry of Investment signs deal with Hotpack to establish food packaging plant

Signing of the agreement

The Ministry of Investment signed an agreement with Hotpack Global, to establish one of the largest food packaging projects in Saudi Arabia.

 

The facility will manufacture a variety of environment-friendly, recyclable, and biodegradable products, the ministry tweeted.

 

It added that the total project cost is estimated at SAR 1 billion over seven years, with plans to use certain agricultural waste products as raw materials for manufacturing and production.

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