Baladna project: Inking of MoU to build infant milk plant

ALGIERS- A memorandum of understanding was signed on Thursday, in Algiers, between the Ministry of Industry and Pharmaceutical Production and the Qatari company "Baladna" for the construction of an integrated infant milk production plant in Algeria.

 

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This memorandum of understanding was signed by the Director General of Industrial Development at the Ministry of Industry, Amel Allame, and the delegated member of the Qatari company "Baladna", Ramez Al Khayyat, in the presence of the Ministers of Industry and Pharmaceutical Production, Ali Aoun, of Agriculture and Rural Development, Youcef Cherfa, and of Finance, Laaziz Faid, as well as the Director General of Customs, Abdelhafid Bakhouche.

The ceremony was also attended by Abdulaziz Ali Al-Naama, Qatar's Ambassador to Algeria; Kamel Mansouri, Director General of the National Investment Fund (FNI); and Mohamad Moutaz Al-Khayyat, Chairman of the Board of "Baladna".

This MoU aims to integrate infant milk into a powdered milk production project that will be carried out in the province of Adrar, in accordance with a framework agreement signed last April between the Ministry of Agriculture and the Qatari company.

This ceremony was preceded by the signing of a partnership agreement between the FNI and the company "Baladna" for the production of infant milk.

The document was signed by the Director General of Investment and Agricultural Land at the ministry, Souad Assaous, and Al-Khayyat.  

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