The Qatari Businessmen Association discusses in Algeria, the agricultural investment opportunities with the Algerian Minister of Agriculture

15 Jun 2022 Algeria

QBA Members attended

  • The Qatari Businessmen Association discusses in Algeria, the agricultural investment opportunities with the Algerian Minister of Agriculture
  • Minister Bin Heni: A huge project for Baladna to achieve self-sufficiency in milk
  • Sheikh Faisal bin Qassim: Algeria has vast lands that will enable the Country to achieve its food security

Algeria - Qatar
During their visit to Algeria, The Qatari Businessmen Association headed by Sheikh Faisal bin Qassim Al Thani met with the Algerian Minister of Agriculture and Rural Development, His Excellency Mr. Mohamed Abdel Hafeez Hani, to discuss the potential investment opportunities in the agricultural sector, in the presence of His Excellency the Ambassador of the State of Qatar to Algeria, Mr. Abdulaziz Ali Ahmed Al-Naama.
From QBA, in addition to Sheikh Faisal bin Qassim Al Thani, the meeting was attended by QBA members Sheikh Mohammed bin Faisal Al Thani and Mr. Moataz Al Khayyat, also Sheikh Nayef bin Eid Al Thani, Mr. Rashid Al Mansouri and Mr. Tariq Al Sayed, CEO of Al Rayan Group for Tourism and Investment attended the meeting.
During the meeting, which took place in the presence of officials from the ministry, the two parties discussed the investment opportunities available in Algeria to develop partnership projects between Algerian and Qatari investors
At the beginning of the meeting, the Minister reviewed the strategy adopted by the sector aimed at developing agriculture in Algeria, highlighting the incentives provided to national and foreign businessmen to invest in the production and transformation of products of wide consumption such as milk, cereals, fodder, dry legumes, and industrial crops, especially sugar and oil.
The Minister also stressed out that Algeria has sufficient stocks of grain until the end of the current year. It will not be affected by changes taking place at the global level.

Grain and dairy sectors
The Minister also indicated that the grain and dairy sectors are a priority for the government. The state is making great efforts to raise the production capacities of grain nationally, pointing out that the ministry's objectives are based on the development of agriculture in the desert states that have great capabilities, especially in strategic agricultural products.
He pointed out as well that there is a shortage in the milk and dairy sector, indicating that a huge project is being studied with the Qatari company Baladna in the near future, which will enable a large part of self-sufficiency, indicating that the state is working hard to overcome all obstacles to the success of this Strategic project.

strong relations 
For his part, His Excellency Sheikh Faisal bin Qassim Al Thani, Chairman of the Qatari Businessmen Association, said that the bilateral relations between Qatar and Algeria are solid, and that there is great interest from the Qatari businessmen to invest in Algeria, whether in tourism, real estate, agriculture and other productive sectors. QBA Chairman indicated that Algeria has huge potentials and is a promising market, especially in its African depth and its proximity to its European surroundings.

Sheikh Faisal also spoke about his own experience as an investor in Algeria, focusing on the importance of the Algerian market and the great natural and economic potentials of Algeria, in addition to the presence of vast and fertile lands of interest to investors in the agricultural field, stressing the keenness of Qatari businessmen to discuss the cooperation and investment opportunities in both countries to achieve mutual benefit
For his part, Ambassador Abdelaziz Al-Naama expressed the readiness of Qatari businessmen to invest in agriculture in Algeria and to exchange expertise with their Algerian counterparts