Mon, 2023-04-03 14:23
RIYADH: UAE-based Hotpack Global plans to establish a specialized food packaging project in Saudi Arabia worth an estimated SR1 billion ($266 million) to produce environment-friendly products.
The Emirati manufacturer of disposable food packaging products has signed an agreement with the Saudi Ministry of Industry for the project, the company said in a statement.
To be spread over a period of seven years, the deal will pave the way for establishing one of the largest specialized food packaging projects in the Kingdom yet.
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