JBS Invests $150 Million for 80% Oman JV to Build Multi‑Protein Hub
The project targets local halal production to cut import dependence, diversifying JBS’s supply chain.
Overview
- JBS acquired an 80% stake in a new Oman holding with Oman Food Capital retaining 20%, committing $150 million to poultry, beef and lamb production.
- The plan consolidates ANamaa’s poultry complex in Ibri and Al Bashayer’s beef and ovine unit in Thumrait, with beef and lamb output expected in about six months and poultry in roughly 12 months.
- At full capacity, the hub targets processing of about 600,000 chickens, 1,000 cattle and 5,000 lambs per day, totaling an estimated 300,000 tonnes annually.
- JBS will build a regional supply chain by producing its own chickens and sourcing cattle and lamb from Oman and North Africa, including a pilot confinement/feedlot.
- The company cites regional food security and halal demand, projects more than 3,000 direct jobs over five years, and aligns the venture with Oman’s Vision 2040.