Thursday, Nov 17, 2011
BEIRUT (Zawya Dow Jones)--Arab Co. for Livestock Development, or Acolid, said its spending will total $183.9 million under its 2011-2013 plan, which will boost its overall investment to $673.9 million by the end of the period, Kuwait's state-run Kuna news agency reports Thursday.
Acolid, a Damascus-based Pan-Arab firm that emanated from the Arab League's Council of Arab Economic Unity, said it has allocated $101.6 million of the new investments for existing activities and $82.4 million for new projects, Kuna reports.
News agency website: http://www.kuna.net.kw/NewsAgencyPublicSite/ArticleDetails.aspx?id=2202977&Language=ar
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
17-11-11 1353GMT
