Monday, 20 May 2019

Cargill expands in Pakistan by investing $200M

25 January 2019 | News

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 renewed its long-standing commitment to Pakistan by announcing plans to invest more than US$200 million in the next three-to-five years. 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.

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 flourishing 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. 

The company will work to improve food security, thereby contributing to the social development of the country. This is in line with the company’s overall objective of nourishing the world. 
 

 

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