Cargill Announces USD200m Investment in Pakistan

Cargill recently announced its plans to invest more than USD200m in its Pakistan operations over 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 Pakistan PM, 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’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,” said Imran Nasrullah, country head, Cargill Pakistan.

Cargill started its Pakistan operations in 1984 and today has business interests in refined oils, animal feed, grains & oilseeds, cotton, sugar and metals. Cargill is one of the largest suppliers of palm oil and soybeans and cocoa powder to Pakistan. With the head office  in Karachi, Cargill currently employs 50 people in Pakistan.