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DTI eyes partnership with Qatari firm

THE Department of Trade and Industry (DTI) is eyeing a large-scale partnership with the Qatari Baladna, a Qatari agricultural firm, to boost dairy self-sufficiency in the Philippines.

Trade Secretary Alfredo Pascual met with officials of Baladna and discussed potential investment in building a fully integrated dairy processing facility in the Philippines. The meeting was held on Thursday, May 16, during Pascual's official visit to Qatar.

«The Philippine government stands ready to support Baladna to realize its planned investments in the country. Through a whole-of-government approach, the DTI and the Board of Investments are ready to facilitate business-to-business meetings and introductions to potential joint venture partners for Baladna,» Pascual said in a statement on Friday.

He added that they are working with the Department of Agriculture (DA) on identifying locations suitable for the proposed dairy facilities. Baladna said that it remains committed to bringing fresh and nutritious food choices to its consumers.

«We look forward to the realization of this landmark investment. We are confident that together, we can Make It Happen in the Philippines,» said Pascual.

He added that they are working with DA to craft policies to create a level playing field for all milk and dairy producers in the country.

Baladna supplies over 95 percent of Qatar's fresh dairy products and is also known for its milk, dairy, juice and food brand. It has also been known for its progressive product research and innovation, aiming toward a healthier and more sustainable future.

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The Qatari firm also extended its expertise and resources to countries such as Malaysia, Uzbekistan, Algeria and the Philippines through strategic partnerships and knowledge-sharing.

Moreover, Pascual emphasized the increasing demand for dairy products in the Philippines, with imports nearing P3 billion. He cited that addressing this demand while supporting local production is a key priority for the current administration.

The delegation also outlined regulatory support for labeling fresh milk, ultra-high temperature milk and imported frozen milk concentrate, emphasizing the clear definitions provided

Read more on manilatimes.net