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Foodco, $54m investment
- United Arab Emirates: Thursday, September 22 - 2005 at 13:30
Abu Dhabi National Foodstuff Company is investing $54.5m in an industrial zone for foodstuff in the capital. The facility will be ready by 2007. Foodco says its projected profit for Q3 2005 is expected to increase by over 34% compared to Q2, to more than $27.2m.
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James McInerney, News EditorThursday, September 22 - 2005 at 13:30 UAE local time (GMT+4)
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