Business
Baladna Algeria Launches Dairy Cattle Airlift From US
Baladna Algeria Launches Dairy Cattle Airlift From US
About this update from Baladna Q.p.s.c
BALADNA QSE:BLDN :BALADNA ALGERIA LAUNCHES DAIRY CATTLE AIRLIFT FROM THE UNITED STATES AS PART OF ITS INTEGRATED PROJECT FOLLOWING $635 MILLION PHASE TWO SIGNINGSTEP REFLECTS CONTINUED PROGRESS TOWARD LOCAL POWDERED MILK PRODUCTION, WITH TOTAL PROJECT INVESTMENT ESTIMATED AT AROUND $3.5 BILLIONPROGRAM WILL BE CARRIED OUT THROUGH REGULAR AIR SHIPMENTS OVER A PERIOD OF TEN MONTHSPHASE 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