Dubais Al Rawabi Dairy mulls USD 100mn investment in Bosnia.

By bne IntelliNews July 6, 2012
Dubais Al Rawabi Dairy Company wants to build a state-of-the-art factory in Bosnias Zenica-Doboj canton that will produce milk, dairy products, and fruit juices and will bottle water, the canton said in a statement issued after a meeting between the companys owner, Ahmad Eltigani Al Mansouri, and the cantonal PM, Fikret Plevljak. The Dubai company also plans to produce alfalfa not only for the needs of the future dairy plant but also for exports on the global market and therefore needs 4,000 hectares of land. Thanks to this project, Al Rawabi Dairy would engage directly 1,500 works and a big number of local firms indirectly. Furthermore, the company could invest in the area a combined USD 100mn together with partners and has asked the local authorities to provide them with a list of projects, which could be supported by this large investment. Al Rawabi Dairys Bosnian plant would export its products to the Arabic Gulf countries, including Kuwait, Qatar, Oman, Saudi Arabia, Bahrain and the United Arad Emirates, the statement said.

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