HPDC & SEDA launch Halal Products Manufacturing Accelerator program

HPDC & SEDA launch Halal Products Manufacturing Accelerator program

The Saudi Exports Development Authority (SEDA) and Halal Products Development Company (HPDC), a wholly-owned subsidiary of the Public Investment Fund (PIF), have struck a strategic cooperation agreement to launch the “Halal Products Manufacturing Accelerator program”.

The agreement comes as an effort to enhance cooperation between the two parties and oversee the Halal products sector at the strategic and operational levels, supporting Saudi companies as they enter the global Halal market.

In addition, the agreement encourages consumers to buy Saudi goods, and harnesses all capabilities to develop and promote Saudi exports across the world. The agreement was signed by Mr. Fahad S. AlNuhait, HPDC CEO, and Eng. Abdulrahman Althukair, CEO of SEDA.

Fahad S. AlNuhait

CEO – HPDC “The agreement aims to enhance the efforts of HPDC and SEDA to develop a comprehensive local industrial ecosystem for Halal products and support the strategy for entering the Halal market. This would be in addition to their cooperative efforts to identify target markets and partners, facilitate communication with them, and identify market activities targeted by HPDC.”

Mr. AlThukair, the strategic cooperation with HPDC aligns with SEDA’s efforts to elevate national products and comes within the framework of “Made in Saudi”, one of SEDA’s programs and a component of