Baladna Algeria Signs Initial Contracts Worth Over Usd 500 Million for the First Phase of Its Integrated Agri-industrial Project in Algeria, with Algerian and International Suppliers and Consultants

The Algerian capital today witnessed the signing of initial contracts valued at over USD 500 million between Baladna Algeria and a group of Algerian and international suppliers and consultants. The contracts are part of the first phase of Baladna’s integrated agri-industrial project for powdered milk production in Algeria, which represents a total investment of USD 3.5 billion. These agreements mark the official start of this strategic investment, aimed at enhancing food security and reducing reliance on imports—contributing positively to the national economy. Baladna Algeria is a joint-stock Algerian company, established through a partnership between one of Baladna Q.P.S.C. subsidiaries and Algeria’s National Investment Fund. The signing ceremony was attended by representatives of the National Investment Fund, as well as the Ministers of Agriculture and Rural Development and Fisheries, Environment and Quality of Life; the Minister of Industry; the Minister of Water Resources; the Minister of Labor; the Secretary of State for the Algerian Community Abroad, representing the Ministry of Foreign Affairs, along with the Wali (Governor) Delegate of Wilaya of Adrar, the Director General of the National Agency for Investment Promotion, the Director General of the ONIL, and a number of representatives of national banks, and the concerned institutions and bodies, His Excellency the Ambassador of the State of Qatar to Algeria, and His Excellency the Ambassador of Algeria to the State of Qatar, Her Excellency the Ambassador of the United States of America to Algeria. Representing Baladna QPSC were Mr. Moutaz Al-Khayyat – Chairman of the Board, Mr. Ramez Al-Khayyat – Board Member and Managing Director, Mr. Ali Al-Ali – Chairman of Baladna Algeria, Mr. Saifullah Khan – Managing Director of Baladna Algeria, as well as representatives of the contracted companies. The signed contracts cover a wide range of critical sectors, including agricultural technologies, production lines, irrigation equipment, water well drilling, steel and metal structure supplies, in addition to consultancy services in project management, topographic surveying, soil analysis, and environmental impact studies. Among the key international suppliers and consultants are GEA (Germany), a leader in dairy processing and automated milking systems; Valmont (USA), specialized in water-efficient irrigation systems; UCC, a globally recognized contracting firm; and EHAF, a prominent engineering consultancy. Leading Algerian companies involved include Condor-Travocovia, RedMed Contracting, and EFORHYD, specialized in water well drilling. Mr. Moutaz Al-Khayyat, Chairman of Baladna QPSC, stated that the signing of these initial contracts, which form a key part of the project’s first phase, marks a major milestone in what is considered one of the largest agri-industrial projects of its kind in the world. He said: "Today, we are taking a critical step in the execution of this integrated agri-industrial project for dairy and powdered milk production in Algeria, which aims to achieve self-sufficiency in one of the country’s most essential and widely consumed food products. We are proud to bring together top-tier global and national expertise through collaboration with leading companies from the United States, Germany, Qatar, and Algeria. These combined efforts will ensure the project is delivered on schedule and according to the highest international standards—starting with field studies, soil and water analysis, construction, and the design and implementation of world-class irrigation networks and production lines." Baladna Algeria project is among the largest in the world and the first of its kind in Algeria. Spa