$18M Kuwait contract

Press, 5 June 1982, Page 6

$18M Kuwait contract

PA Wellington The Dairy Board has signed a contract to sell at least ?18M worth;' of dairy products a year to Kuwait, for the next five years. The agreement is with the Kuwaiti Danish Dairy,, which runs recombining plant. The sales are likely to double the, SIBM minimum in about four' years, said the chairman' r of the company, Mr Ezzat Jaafar. ■ "I hope the contract will be just the beginning of a good future relationship not only with Kuwait but with

the Arab world," he said in Wellington yesterday. ■ z The deal will double Dairy Board sales to Kuwait front SISM to more than S3OM. Its total sales to the Middle East are about SS()M to S6OM a year. Skim-milk powder, butter, and butter-milk powder will be sold to the company, which Mr Jaafar said had the biggest and most modern plant in the world, with an output of 400 tonnes of produce a day. Mr Jaafar praised the quality of the New Zealand product.

“New Zealand is the only country in the world which is making first-class skim-milk pofvder.U.. I am- confident that with the help of the Dairy Board our product will be the best in . the Middle East." ••. The board will be the sole outside supplier to the com'pany, which makes dairy products including cheese, ice-cream, and yoghurt. The company, is 95.. per cent Kuwaiti-owned. A Danish share has just been bought out.