Thanks to the milk localization strategy
Investment Magazine/Exclusive
The national strategy to localize milk and dairy has achieved positive results since its adoption on August 16, 2023, after the government's decision was issued in July
2023, which led to the revival of the milk and yogurt industry in large quantities produced by 3 national factories, with the allocation of 130 riyals as a subsidy from the government, which is deducted from the sales tax to the factories according to a specific mechanism.
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