Al Bashayer Meat Company

The company was established in 2016 with the aim of producing approximately 37,800 tons of red meat annually at international quality standards for the Omani and Gulf region markets. Furthermore, it aims to replace imported meat with that from local production sources and to create stability in the red meat market.

Sultanate of Oman

Contact address

(+968) 242 22334 | (+968) 242 22335
(+968) 242 22336
shamsa@albashayer.com | gm@albashayer.com
P.O. Box739, Muscat, 130, Sultanate of Oman
www.albashayer.com

Designed capacity

– Cattle sheds of approximately 45,000 head (6 cycles per year)
– Sheep and goat sheds of about 150,000 head (9 cycles per year)
– Slaughterhouse: 60 head of cattle per hour and 250 head of sheep and goats per hour

Capital and shareholders

Capital is OMR25 million and shareholders are:

– AAAID: 20%
– Oman Food Investment Holding Company (SAOC): 36.93
– Oman National Investment Development Company (TANMIA): 20%
– Oman National Livestock Development Company (SAOC): 10%
– Civil Service Employees Pension Fund: 10%
– Modern Referral Projects : 3.07 %

AAAID
Oman Food Investment Holding Company (SAOC)
Oman National Investment Development Company (TANMIA)
Oman National Livestock Development Company (SAOC)
Civil Service Employees Pension Fund
Modern Referral Projects

Average sales

The expected sales at maturity year are about OMR 74 million (USD 192 million)

Market share

The estimated market share is about 24% of total demand

Company products

Meat (cattle, sheep, goats)

Investment cost

Total investment costs estimated at OMR36.5 million (USD95.62 million), financed by equity of approximately OMR24.5 million (USD63.95 million) and loans of approximately OMR12 million (USD31.32 million).

Financial indicators

– IRR: 20%
– Payback period: 8 years
– NPV OMR 48 Million