KARACHI: The Organic Meat Company Limited (TOMCL), a Karachi-based halal meat processor and exporter, has secured contracts worth $2.2 million to export frozen bone-in beef to Jordan and Kuwait, the company announced on Saturday.
Pakistan ranks in the top 20 among global halal meat exporting nations. The country’s exports of meat and meat preparations went up by 10 percent in the last fiscal year to $334 million. From July 2021 to March 2022, they stood at $250 million.
“We would like to inform that TOMCL has become the first company to secure a contract to supply 'Fresh Chilled Bone-in Beef' to Jordan, valuing around $1.6 million,” the TOMCL said in a notice to the Pakistan Stock Exchange on Friday.
“A contract to supply 'Commercially Branded Frozen Bone-in Beef' to Kuwait, valuing $0.6 million, which shall be fulfilled by December 2022. This is a new line of product which is only being offered from Pakistan by our company.”
TOMCL is one of the largest halal meat processors and exporters in Pakistan, with a major chunk of its business coming from the United Arab Emirates (UAE) and Saudi Arabia. Its facilities are approved to supply products to Kuwait, Oman, Qatar, Saudi Arabia, the UAE, Bahrain, Maldives, Hong Kong and Vietnam.
“The GCC (Gulf Cooperation Council) is nearly 80-85 percent of our export market,” Faisal Hussain, TOMCL chief executive, told Arab News on Saturday.
The meat processor hopes to have the Commonwealth of Independent States (CIS) on board soon to increase meat exports from Pakistan. The company is currently exporting frozen boneless meat to Saudi Arabia under a contract worth $3.9 million, signed in 2020.
