Zad Holdings says Hamad Port move key to growth

Zad Holdings says Hamad Port move key to growth

Zad Holding Company has announced plans to build a new flour milling line by 2016 when it relocates to Hamad Port, which is expected to increase its production capacity by another 150 metric tonnes per day. Zad Holding Company CEO Tarique Mohamed told Gulf Times on the sidelines of the company’s annual general meeting that it would take about six months to bring in the needed equipment and “roughly about equal time to commission and test it.” “There are discussions about us being relocated to the new Hamad Port. Once that pushes through, there is a lot of space for expansion, which does not take that much time. In a year, we can add new capacities,” said Mohamed. Zad Holding Company managing director Sheikh Nawaf bin Mohamed bin Jabor al-Thani said the move to the new Hamad Port would enable the company to better compete with foreign markets.