South American group to process meat and bread-based products at Kizad free zone
Brasil Foods has signed an agreement to invest AED533m ($145m) to set up a food processing complex in Khalifa Industrial Zone Abu Dhabi (Kizad), in the UAE.
The Sao Paulo-based company will set up a plant producing meat products, marinated processed foods and other bread-based foods in the free zone areas food manufacturing cluster of Kizad Area A. The plant is expected to start up in 2014 with a capacity of 80,000 tonnes a year (t/y).
Brasil Foods is South Americas largest food processing company and largest poultry exporter, formed after a $3.8bn joint venture of meat packers Sadia and Perdigao.
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