Cargill to Invest $200M in Pakistan
Cargill announced its plans to invest $200 million over the next three to five years in the edible oil, dairy, and animal feed sectors in Pakistan.
An announcement issued by the country’s prime minister, Imran Khan’s office noted that the investment would support Pakistan’s overall economic development and employment.
After having been present in the country for more than 30 years, Cargill’s investment will be used to expand its agricultural trading and supply chains, as well as to improve safety and traceability.
Since 1984, Cargill has grown to have interests in refined oils, grains and oilseeds, animal feed, cotton, sugar, and metals in Pakistan, and is one of the country’s top suppliers of soybeans, palm oil, and cocoa powder.