Pakistan

Cargill to invest $200 million in Pakistan business

Cargill plans to invest $200 million over the next three-to-five years to develop its business in Pakistan. The investment will be directed to modernizing sectors ranging from animal feed, dairy and edible oils.

Posted on Jan 21 ,06:49

Cargill to invest $200 million in Pakistan business

The announcement was made in the meeting when Cargill’s global executive team, led by Marcel Smits, head of Global Strategy and Chairman, Cargill Asia Pacific region, and Gert-Jan van den Akker, president, Cargill Agricultural Supply Chain, met with the Honorable Prime Minister of Pakistan, Mr. Imran Khan and other senior government officials to discuss the company’s future investment plans.

"Finalizing one of our first investments in the agricultural supply chain in Pakistan is our top priority. We have received a very positive response from the Pakistani government and we value their support as we expand our presence here, helping industries, farmers and communities succeed,” said Imran Nasrullah, country head, Cargill Pakistan.

The company announced it will work to improve food security, therefore contributing to the social development of the country.

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