BALADNA QSE:BLDN :
BALADNA ALGERIA LAUNCHES DAIRY CATTLE AIRLIFT FROM THE UNITED STATES AS PART OF ITS INTEGRATED PROJECT FOLLOWING $635 MILLION PHASE TWO SIGNING
STEP REFLECTS CONTINUED PROGRESS TOWARD LOCAL POWDERED MILK PRODUCTION, WITH TOTAL PROJECT INVESTMENT ESTIMATED AT AROUND $3.5 BILLION
PROGRAM WILL BE CARRIED OUT THROUGH REGULAR AIR SHIPMENTS OVER A PERIOD OF TEN MONTHS
PHASE IS ALSO EXPECTED TO GENERATE A NOTABLE ECONOMIC IMPACT IN THE UNITED STATES, WITH THE TOTAL VALUE OF THE PROCUREMENT AND LOGISTICS PROGRAM ESTIMATED AT BETWEEN $250 MILLION AND $300 MILLION
