Riyadh: The National Livestock and Fisheries Development Program (NLFDP) facilitated the signing of two Memoranda of Understanding (MoUs) between Saudi and Greek companies during an investor visit to the Republic of Greece from June 16 to 19, organized for stakeholders in the sheep and goat sector.

According to Saudi Press Agency, the first MoU was signed between the Saudi Mashareq Investment Group and the Greek company Milkplan in the city of Volos. It aims to enhance investment cooperation in the dairy sector and advance technical solutions in dairying.

The second agreement, signed between Mira Trading Company and HATZIIOAKIMIDIS Company in the city of Giannitsa, outlines a major investment project worth approximately SAR140 million. The initiative includes the establishment of two meat slaughterhouses in the Makkah and Jazan regions, as well as the development of a meat processing plant and related production units.

These agreements align with the National Program’s strategy to localize global best practices, learn from leading international models, and foster knowledge exchange with the Greek side. The goal is to transfer and adapt expertise to the local context, thereby advancing sustainability objectives and enhancing operational and production efficiency in the Kingdom.