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Posted On: 15 January 2018 07:41 am
Updated On: 12 November 2020 02:18 pm

Baladna plans IPO; to export products soon

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The vision of His Highness Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, aims to support the national production system through the innovation of new projects and the development of national business concepts, and the contribution of the private sector in the implementation of this vision. It is planned that Baladna will start exporting in early 2019 Out of the country.

Baladna continues its national efforts to contribute to self-sufficiency. Baladna has prepared the expansion plans for the company, right after the unjust siege imposed on the State of Qatar.

A strategy to achieve self-sufficiency was also developed in the areas of milk, dairy, white cheeses, fresh juices, red meat, broiler chickens, table eggs and fodder.

Baladna is distinguished by its agricultural and industrial facilities, which have established the highest standards of agriculture and manufacturing in the world. Its products enjoy the highest standards of quality and value, as a model of a distinctive national product, equivalent to global quality.

The production lines of the latest plastic packaging factories from the German company Milacron were equipped with a million package daily, to meet the needs of this material and to fill the market’s need and export at the end of the year.

Baladna is preparing to implement a Poultry Parent Stock Farm in Qatar for the first time. It will help meet the needs of local producers and the production of broiler chickens for Baladna, with a production capacity of 50 million eggs per year. Baladna is also setting up farms for broilers chickens with 42 million chickens per year and Layers chicken farms with a capacity of 200 million eggs per year, and a slaughterhouse with a production capacity of 200,000 chickens per day. The work will be carried out during the current month. The entire project will be ready in the middle of 2019.

As part of our vision to protect the environment, the company will comply with the country's standards of environmental protection. Baladna will process all waste in all our farms and convert it into organic fertilizers to meet the market demand of this material and participate in agricultural development according to the best international standards.

All studies took into account the capacities and future expansions of existing local producers to achieve coherence and complementarity between all local production units and Baladna.

Baladna is in partnership with a group of Qatari investors and intends to offer its shares for public subscription during the first half of 2018, where Baladna appointed Ernst & Young and PWC to prepare the required studies for the listing process in the stock market.

This public offering is subject to the approval of the competent official, supervisory and supervisory bodies.

Baladna today reflects the vision of the state in activating national initiatives. The company today fulfills its requirements on the production side and the aspirations of Qatari citizens to provide self-sufficiency and food security in the country.

Title image courtesy by Baladna