Project Description
ALDUHA INVESTMENT CO
With a vision of diversification in investments in the Yemen and Sudan markets, Alduha has entered into 3 industrial strategic projects as shareholders, as well as construction contractors.
In 2005, in alliance withthe Saudi/Emirati investment outfit Fanan Investments, ALDUHA Investements established Taybat Poultry and Feedmill Company in Yemen. With 2 plants in Aden and Al-Shihr for the processing of animal feed, concentrate, fishmeal and fish oil, ALDUHA retains 50% ownership in the consortium company. As the first of such state-of-the-art plants in the country, Taybat’s feedmill and fishmeal plants revolutionized the poultry industry’s quality in poultry production and output quantity. The cost of the two plants was over $12 million.
Then in 2008, ALDUHA Investments entered into partnership with an Emirati Company in the establishment of a strategic grain silos project in Port Sudan, Sudan. At a cost of $65 million, this ambitious project set out to supplement Sudan’s, as well as Chad’s and Ethiopia’s, strategic storage and processing capacity of grain imports and exports. ALDUHA holds 10% of such project.
In 2014, ALDUHA embarked in the establishment of Sana’a largest shopping mall on 50m Road. Sama Mall will re-invent the shopping experience for Yemeni customers, and is set to open on 1 January 2017.
