Cargill invests $200M to grow Pakistan business
The company’s strategy includes expansion across its agricultural trading and supply chain, edible oils, dairy, meat and animal feed businesses while ensuring safety and food traceability.
Cargill, Inc., Minneapolis, announced plans to invest more than $200 million in Pakistan in the next 3-5 years.
Cargill aims to partner in Pakistan’s growth by bringing its global expertise and investment into the country. The company’s strategy includes expansion across its agricultural trading and supply chain, edible oils, dairy, meat and animal feed businesses while ensuring safety and food traceability. Cargill will bring world-class innovations to support the dairy industry in Pakistan, which is already moving toward modernization, as well as the rising demand for edible oils backed by evolving consumption patterns and a growing market for animal feed driven by sustained progress made by the poultry industry in Pakistan. Cargill’s proposed investments will support Pakistan’s overall economic development and contribute to local employment.
“Having been in Pakistan for more than 30 years, Cargill is happy to demonstrate our commitment to the country’s future through investment in our business and communities here. 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,” says Imran Nasrullah, country head, Cargill Pakistan.