Qatar’s Baladna to export business model to Malaysia
Qatar’s food industry group Baladna to export business model to Malaysia,
The company will jointly invest in an integrated dairy farm in the town of Chuping in Perlis, which borders Thailand and is Malaysia’s smallest state. The initial focus is to establish a dairy herd of 10,000 high yielding milking cows.
The parties aim to reduce Malaysia’s reliance on milk and dairy imports and support local communities. Other potential areas include utilising Malaysian agricultural land to produce most of the required animal feed for dairy farming, as well as using the joint venture farm as a hub that supports small rural farms in developing small cattle fatting farms and animal feed farms by 2024.
Datuk Abd Latiff Ahmad, The Rural Development Minister said in a statement:
A discussion session was held to examine the strategic cooperation between Felcra and Baladna, a dairy farming company from Qatar, which was attended by Prime Minister Tan Sri Muhyiddin Yassin.
He also said that to strengthen the cooperation further, Felcra and Baladna also explored the opportunity to collaborate with FGV Holdings Bhd to develop a dairy farm in Chuping, Perlis.
He said local farmers including Felcra settlers will have the opportunities to partake in the project through a programme to grow food for dairy cows and establishment of satellite farms.
“This cooperation is timely, as Felcra is committed to diversifying its core business towards Growth and Sustainability, while Baladna’s wide experience and knowledge in this industry will support their collaboration to expand the business exponentially and not organically.”