{"id":101612,"date":"2024-04-03T10:00:30","date_gmt":"2024-04-03T09:00:30","guid":{"rendered":"https:\/\/jazairhope.org\/?p=101612"},"modified":"2024-04-02T23:29:33","modified_gmt":"2024-04-02T22:29:33","slug":"baladna-to-establish-powdered-milk-farm-in-algeria","status":"publish","type":"post","link":"https:\/\/jazairhope.org\/en\/baladna-to-establish-powdered-milk-farm-in-algeria\/","title":{"rendered":"Baladna to establish powdered milk farm in Algeria"},"content":{"rendered":"<p>According to\u00a0<em>Doha News,\u00a0<\/em>Qatari food company\u00a0<a href=\"https:\/\/www.foodbev.com\/news\/tag\/baladna\/\" target=\"_blank\" rel=\"noopener\">Baladna<\/a>\u00a0has signed an agreement with the Algerian government to build\u00a0a farm in Algeria, designed to produce powdered milk.<\/p>\n<p>The farm, which will span 100,000 hectares, aims to produce 200,000 tonnes of powdered milk annually.<\/p>\n<p>Algerian president Abdelmadjid Tebboune revealed that the country is nearing an agreement with an \u201cArab partner\u201d to commence local production of milk powder, a step towards achieving \u2018self-sufficiency\u2019. This\u00a0represents a significant stride in Algeria, reducing dependency on imports and fostering domestic economic growth.<\/p>\n<p>Tebboune disclosed that the farm will be situated in Adrar, southwestern Algeria.<\/p>\n<p>Last year,\u00a0Baladna further increased its ownership in Egypt\u2019s Juhayna Food Industries by acquiring another division of shares. The move followed the firm\u2019s first investment in May 2022, where it raised its stake in Juhayna Food Industries to 10.1%, in a deal worth QAR 2.5 million (approx. $686,39).<\/p>\n<p>Source : <a href=\"https:\/\/www.foodbev.com\/news\/baladna-to-establish-powdered-milk-farm-in-algeria\/\">https:\/\/www.foodbev.com\/news\/baladna-to-establish-powdered-milk-farm-in-algeria\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to\u00a0Doha News,\u00a0Qatari food company\u00a0Baladna\u00a0has signed an agreement with the Algerian government to build\u00a0a farm in Algeria, designed to produce powdered milk.&hellip;<\/p>\n","protected":false},"author":50,"featured_media":101613,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[12,4],"tags":[],"class_list":["post-101612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-featured-articles"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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