Qatar's Baladna to establish powdered milk farm in Algeria
Retrieved on:
Monday, April 1, 2024
DOHA, Qatar, April 1, 2024 /PRNewswire/ -- Qatari food company Baldana is signing an agreement with the Algerian government to establish a farm to produce powdered milk in the North African country, a source familiar with the matter told Doha News.
Key Points:
- DOHA, Qatar, April 1, 2024 /PRNewswire/ -- Qatari food company Baldana is signing an agreement with the Algerian government to establish a farm to produce powdered milk in the North African country, a source familiar with the matter told Doha News.
- The Qatari agricultural company plans to inaugurate a farm that extends over 100,000 hectares and produces 200,000 tonnes of powdered milk annually.
- Qatar's Baladna is the largest company in the country for milk and dairy production, emerging in the global market after the 2017 GCC crisis shifted the Gulf country's production objectives.
- Last year in July, Baladna bought another division of shares in Egypt's Juhayna Food Industries.