Investment planned across agricultural trading, oilseed crushing, edible oils, animal feed and dairy industries.

January 22, 2019

2 Min Read
Cargill to grow Pakistan business with $200m investment

Cargill hsa renewed its long-standing commitment to Pakistan by announcing plans to invest more than $200 million in the next three to five years. The announcement was made in a meeting where Cargill’s global executive team, led by head of global strategy and chairman of the Cargill Asia Pacific region Marcel Smits and president of the agricultural supply chain Gert-Jan van den Akker met with Pakistan Prime Minister Imran Khan and other senior government officials to discuss the company’s future investment plans.

Because it is a global food and agricultural producer with a strong focus on Asia, Cargill said it 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 said will bring world-class innovations to support the flourishing dairy industry in Pakistan, which is already moving toward modernization, and the rising demand for edible oils, backed by evolving consumption patterns and a growing market for animal feed driven by sustained progress made by Pakistan's poultry industry. 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,” Imran Nasrullah, country head of Cargill Pakistan, said.

Cargill is actively engaged in giving back to the communities in Pakistan through its community support and natural disaster relief work. Going forward, the company will work to improve food security in order to contribute 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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