KFMBC in Kuwait ends feed production

26-02-2008 | Home | News

Kuwait Flour Mills and Bakeries Company (KFMBC) will stop producing animal feed by the end of February due to lack of funds, reliable sources from the Public Authority for Agricultural Affairs and Fish Resources (PAAAFR).

Sources said KFMBC has officially informed the
authority on the depletion of the budget allocated for the production of animal
feed.

Meanwhile, sources warned
there might be a remarkable increase in the price of animal feed which, they
said, will be available in the ‘black’ market at KD7 per bag weighing 50
kilograms (€17.33).

Sources added the
price will double unless the concerned authorities take the necessary action and
allocate the required budget to KFMBC next week.

Related
website:
Kuwait Flour Mills and Bakeries Company

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