Deliveries have already begun under the first contract, while implementation of a second agreement is now underway.
Indonesia imports between 3.6 to 3.8 million tons of milk annually, equivalent to around 80% of national demand, highlighting significant investment opportunities in the dairy sector, he said.
The company said the funding will support the launch of its manufacturing facility at Kibbutz Sdot Yam, which is expected to begin operations in the third quarter of this year.
NIGERIA – Nigeria’s foremost Development finance institution, Bank of Industry (BOI), has secured a US$68.5 million (€60 million) credit facility from the European Investment Bank to…
This investment aims to boost domestic dairy output, cut imports, create employment and advance economic diversification.