€3.5 billion to support the modernization of the Spanish meat industry
Spain is about to put €3.5 billion is a project that aims to reshape the entire food chain, from livestock farms to processing plants, through slaughterhouses, cutting rooms or the cold industry. The project is being developed by LLYC and coordinated by Fernando Moraleda, and the six Interprofessional organizations (INTERPORC, PROVACUNO, ASICI, INTERNCUN, AVIANZA and INTEROVIC) have been the facilitators of the start of the project, which is currently in the hands of the following companies: Vall Companys, Grupo Fuertes, Campofrío, Grupo Jorge, Incarlopsa, Uvesa, Fribin, Grupo Coren, Covap, Grupo Empresarial Costa, Olot Meat, Faccsa, Famadesa, Sánchez Romero Carvajal, Montesano, Grupo Medina, Costa Brava Mediteranean Food, Celevant , Encinar de Humienta, Moralejo and Grupo Hermi, announced CdeComunicacion magazine.
A final form of the project will be presented to the Spanish government in April, which is expected to help in the co-financing of this project for its realization through European funds. New companies are expected to join the initiative in all its five areas of interest: depopulation, industry, circular economy, renewables and digitization of SMEs.
The objective is to structurally modernize the Spanish meat sector and therefore, some of its central points are:
- Traceability. The project's objective is to mainstream data management throughout the chain and to create a blockchain to give it greater added value, especially abroad.
- Innovation in the value chain.
- Increased competitiveness.
- Food safety and animal welfare.
- Increase employment among the younger population and among women.
- New business models.
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