Kuwait dairy firm doubles production ‘Ministry monitors food price hikes in market’

KUWAIT CITY, March 19: Kuwait’s food reserve is safe and all the necessary precautionary measures have been done to ensure ample food supply for the populace in case of emergency, reports Al-Kuwaitiah daily quoting Ministry of Commerce and Industry Unders-ecretary Abdul-aziz Al-Khalidi.

Al-Khalidi affirmed the ministry closely monitors the local market to regulate prices of commodities and to prevent greedy traders from increasing prices without any valid reason, disclosing no price hike was recorded recently, except that of the vegetables and dairy products. He also lauded the Kuwait Farmers Federation for its commitment to provide the market with adequate food supply.

Meanwhile, Kuwait Dairy Company (KD Cow) announced, on Monday, that it increased its production capacity to meet shortage of dairy        products in markets.

The company’s Director-General Saleh Al-Attiqi told KUNA that in order to maintain food security, under the current customs strike that paralyzed the market, the company doubled its production.

However, it ensured that the prices of its products remain unchanged.

The company’s sense of obligation towards consumers led to “unchanged” prices over the past 10 years amidst great hike in most commodities and feedstock, he pointed out.

He ensured that the company has a strategic reserve of pasteurized milk to meet the demands of local market and guarantees food availability.

Kuwait Dairy Company, established in 1960, has become one of the most prominent companies in the region, specializing in the processing and marketing of fresh dairy products. Its daily production capacity reaches more than 120,000 liters.

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