After a meeting between Prime Minister Imran Khan and US-based multinational company of Global food and agriculture producer Cargill’s team led by head of Global Strategy and Cargill Asia Pacific region chairman, Marcel Smits, it has been announced that Cargill will invest more than $200 million in Pakistan in the next three to five years to bring its global expertise and investment into the country.
Prime Minister Khan welcomed Cargill’s proposed plans for investment in the area of agriculture development, import substitution and enhancement of agricultural products. Cargill’s proposed investments are expected to support Pakistan’s overall economic development and contribute to local employment. The company’s strategy includes expansion across agricultural trading and supply chain, edible oils, dairy, meat and animal feed businesses, while ensuring safety and food traceability.
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25 August, 2019