Baladna Q.P.S.C signs an agreement with the Algerian Ministry of Agricultureand Rural Development for the world’s largest integrated dairy farming andproduction project With a 3.5 billion USD investmentHerd to reach 270,000 with a production capacity of 1.7 billion liters of MilkyearlyBaladna Q.P.S.C. signed today a Framework Agreement with the Algerian Ministry of Agriculture and RuralDevelopment whereby Qatar will develop the world’s largest integrated project aimed at producing powdered milkin southern Algeria. The agreement that outlines a total investment of $3.5 billion was signed by Ms. Souad Assous,Director General of Agricultural Investment and Land at the Ministry of Agriculture and Rural Development, and Mr.Mohamad Moutaz Al-Khayyat, Chairman of Baladna. The signing ceremony was attended by HE Mr. Youcef Cherfa,Minister of Agriculture and Rural Development in Algeria; HE Mr. Laaziz Fayed Fayed, Minister of Finance in Algeria;and His Excellency Mr. Abdelaziz Ali Al-Nama, the Qatari Ambassador to Algeria, among other dignitaries.This venture, held 51% by Baladna and 49% by the Algerian State through the National Investment Fund, will developthe world’s large scale vertically integrated dairy operation in Algeria. This groundbreaking project will cover 117,000hectares and will be segregated into three hubs, each comprising of an arable farming operation, a dairy and beeffarming operation, and a powdered milk manufacturing facility.Mr. Mohamad Moutaz Al-Khayyat, Chairman of Baladna, commented on this agreement, saying: "We are delightedto formalize this partnership between Baladna and the Algerian Ministry of Agriculture and Rural Development. Thisstrategic project is a cornerstone in fostering the growth of Algeria's agricultural sector, driving the nation towardself-sufficiency , and bolstering food security—a critical global challenge that commands concerted efforts fromcountries and international entities alike.“Baladna has a proven track-record of rapid and significant achievements in Qatar, having attained self-sufficiencywithin a mere 12 months, courtesy of employing foremost international technologies and leveraging a wealth ofexpertise in the agriculture industry. It is with great anticipation that we aim to replicate this success in Algeria,encapsulating these valuable experiences and technologies to implement exemplary, sustainable practices on aninternational scale.”Mr. Malcolm Jordan, CEO of Baladna added: “We are looking forward to working together with our Algerian partnersto build one of the world’s largest vertically integrated dairy companies. This strategic partnership not only alignswith our ambitious growth objectives but also promises significant returns and long-term value for ourshareholders.”The project aims to meet 50% of Algeria’s national demand for powdered milk, supplement the local market withred meat, create 5,000 direct local jobs, and contribute to the growth of the national cattle stock. It will also leveragemodern technology and best management practices to enhance dairy farming efficiency, reduce production coststhrough economies of scale, and improve control over the entire value chain.The "Baladna" project for powdered milk production is part of the Algerian state's strategy to produce widelyconsumed products in line with the national food security strategy.
Baladna Food Industries (BFI), Qatar’s largest producer of fresh dairy and beverages, and a subsidiary of Baladna, will be the Diamond Sponsor of the upcoming ‘Made in Qatar 2020’ exhibition slated from February 19 to 22 at the Kuwait International Fair.Board member and managing director of Baladna, Ramez al-Khayyat, said: “We take pride in sponsoring the ‘Made in Qatar’ exhibition in Kuwait. The company’s sponsorship comes as part of our objective of helping Qatar achieve the economic diversification and goals of the Qatar’s National Food Security Programme.“The exhibition represents a communication platform to introduce our products to the Kuwaiti market while holding strategic conversations with Kuwaiti decision-makers during the four days of the exhibition. We are always looking for opportunities to expand our footprint and utilise untapped markets.”READ MORE
Baladna, the Qatari owned farm and lead supplier in the Qatari food industry, has confirmed its participation in the Qatar Sufficiency Exhibition (QSSE) to be held in April.This will be a first-of-its-kind event in the region, dedicated to diversifying production lines and shaping the country’s future economy.Baladna, which will set up a 100-square-metre pavilion at the exhibition venue, will showcase the company’s dairy and other food products.Organised by HiSky for Tourism and Exhibitions, with the Ministry of Economy and Commerce as the main partner, the QSSE will be held from April 1 to April 3 at the Doha Exhibition and Convention Centre (DECC).“Baladna is proud to take part in such an initiative, because it plays a key role in the economic development and food security programme of Qatar,” said Baladna’s Chief Executive Officer Peter Weltevreden.“Baladna has shown big expansion up to now, leading to a very promising start of its new business in less than a year, from its establishment in late 2016. We are delighted to showcase our achievements during QSSE and to meet potential consumers, customers and potential investors, to discuss our plans going forward,” he added.READ MORE