Saudi's Almarai says board approves 21 bln riyal capex plan for 2016-20

May 26, 2015 6:19 AM

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DUBAI May 26 The board of Saudi Arabia's Almarai has approved a capital investment plan which will reach 21 billion riyals in the next five years, it said on Tuesday.

The Gulf's largest dairy firm said the 2016-2020 programme will replace their existing investment plan, and cover the capacity expansion needs in the areas of farming, manufacturing, distribution and logistics.

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