Key takeaways:
- Qatar’s Baladna in talks with Philippines’ DTI for major dairy investment
- Investment aligns with Philippines’ push for food self-sufficiency
- Baladna aims to contribute to UN Sustainable Development Goals
- Discussions focus on addressing Philippines’ substantial dairy product demand
- Collaboration between government agencies and Baladna anticipated to bolster local dairy industry
Qatar-based dairy giant Baladna is in talks with the Department of Trade and Industry (DTI) of the Philippines to potentially invest in establishing a large-scale dairy facility, aligning with the country’s push for food self-sufficiency.
DTI Secretary Fred Pascual engaged in discussions with Baladna officials on May 16, highlighting the strategic importance of such an investment for the country.
Pascual emphasized the government’s readiness to support Baladna’s endeavors, stating, “The Philippine government stands ready to support Baladna to realize its planned investments in the country.”
Baladna, known for its commitment to providing fresh and nutritious food options, aims to contribute to the United Nations Sustainable Development Goals through partnerships and knowledge sharing initiatives. The company’s potential investment in the Philippines reflects its dedication to fostering a healthier and more sustainable future.
During the discussions, Pascual underscored the substantial demand for dairy products in the Philippines, which currently heavily relies on imports. He stressed the importance of addressing this demand while boosting local production.
The delegation also addressed regulatory matters concerning dairy labeling standards, with a focus on ensuring clear and accurate labeling for various dairy products. Pascual emphasized the need for collaboration between the DTI and the Department of Agriculture to create policies that support fair competition in the dairy industry.
In closing, Pascual expressed optimism about the potential collaboration, stating, “We look forward to the realization of this landmark investment. We are confident that together, we can make it happen in the Philippines.”
Baladna’s potential investment signals a significant opportunity for the Philippines to strengthen its dairy industry and move closer to achieving food self-sufficiency goals.
With support from government agencies and strategic partnerships, the envisioned dairy facility could play a crucial role in meeting the country’s growing demand for dairy products while promoting local production.Ⓒ
Business Bayani PH 
Leave a comment