Hawa Chicken gets IDAL incentives
The Council of Ministers approved the incentives package for Hawa Chicken, as proposed by the Investment Development Authority in Lebanon (IDAL).
The incentives are an exemption on income taxes, a reduction in work permit fees, and work permits for foreign laborers. The incentives are valid for ten years.
Hawa Chicken is planning to expand its factory in Anfeh to reach a space of 61,000 square meters. The project includes the construction of a slaughterhouse, cooling stations, storage spaces, a factory for processed chicken, and a factory for animal feed. It also includes a factory for wastewater treatment and a solid waste sorting and treatment facility.
Investments in the facility, which will generate 309 jobs, are expected to reach around $53 million.
Reported by Yassmine Alieh
Date Posted: Apr 08, 2016