Baladna Algeria Signs $500M Contracts for Farming Project
Baladna Algeria has signed contracts worth over $500 million with both Algerian and international companies. These contracts are for the first phase of a large farming and food project in Algeria, according to a statement released on Monday.
Part of a Bigger $3.5 Billion Project
This $500 million deal is the beginning of a $3.5 billion project. The goal is to produce powdered milk in Algeria. The project also aims to improve the country’s food supply and reduce its need to import food from other countries.
A Joint Effort Between Qatar and Algeria
Baladna Algeria is a joint company, formed by a partnership between Qatar’s Baladna and Algeria’s National Investment Fund (FNI).
What the Contracts Include
The signed deals cover many areas, such as:
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Farming technology
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Milk production equipment
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Irrigation systems
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Drilling for water wells
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Steel and metal supplies
They also include expert advice in:
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Project management
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Land and soil studies
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Environmental checks
Chairman’s Statement
Baladna Chairman Moutaz Al-Khayyat said:
“These efforts will help us deliver the project on time and meet top global standards—starting with land and water studies, construction, and setting up modern irrigation systems and production lines.”
Published: 29th July 2025
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