Hajjah:The Ministries of Economy, Industry and Investment, and Agriculture, Fisheries and Water Resources, together with Hajjah Governorate, have signed a memorandum to provide a soft loan to the Abs Agricultural Cooperative Association. This loan is aimed at financing the establishment of a dairy and natural milk factory to boost local production, develop food industries, and support small producers in northern Tihama.
According to Yemen News Agency, the signing took place during a meeting that included Acting Minister of Economy and Industry, Sam Al-Bashiri, Acting Minister of Agriculture, Ammar Al-Karim, and Governor of Hajjah, Hilal Al-Sufi. The meeting focused on discussing mechanisms for project financing and the steps for its implementation according to a specific timetable, ensuring a swift transition to the implementation phase.
Al-Bashiri emphasized the necessity of speeding up the procedures for establishing the factory, highlighting its role as a productive project that will contribute to adding value to fresh milk. This involves developing production, manufacturing, and marketing chains, ultimately improving returns for small producers, enhancing the competitiveness of the national product, and reducing dependence on imports.
He also noted that this project aligns with the directives of revolutionary and political leaderships to support local production, localize industries based on national resources, and strengthen integration between the agricultural and industrial sectors, serving the goals of economic development.
Acting Minister of Agriculture, Fisheries and Water Resources, Ammar Al-Karim, stressed the importance of integrating governmental and cooperative efforts to invest local resources and transform them into productive ventures. Governor Hilal Al-Sufi acknowledged the Ministry of Economy and Industry's commitment to implementing the project on the ground.
