Qatari Company Announces $250 Million Investment in Industrial Project for Milk and Juice Production in Syria

Qatari company "Baladna" revealed a new investment plan to establish an integrated industrial project in Syria, specialized in the production of milk, its derivatives, and juices, with an estimated cost of $250 million, highlighting the enhancement of Qatari private sector presence in the Syrian market.

In an official statement published on the Qatar Stock Exchange platform, the company's board of directors unanimously approved moving forward with the project, classified as one of the largest investments in the Syrian food sector in recent years.

The statement also added that the board approved the establishment of a subsidiary company in Egypt aimed at providing support services to the parent company, as part of its regional expansion strategy and empowering its operational network.

This announcement reflects the improvement in the investment environment in Syria and the renewed Arab and international interest in developmental projects there, especially in vital sectors such as food and processing industries.