https://arab.news/gm75n
- Najd Gateway Agricultural Company has already agreed to cultivate highly nutritious cattle fodder for Pakistan
- Its chairman says Pakistan’s agricultural activities will strengthen further while praising government’s efforts
ISLAMABAD: The top official of a leading Saudi agricultural firm expressed interest in developing its own farms in Pakistan, state-owned media reported Saturday, following his visit to the Green Corporate Initiative headquarters in the federal capital.
The Najd Gateway Agricultural Company from Saudi Arabia is a key player in the expansion of agricultural and livestock initiatives, both domestically and internationally.
Earlier this year, in March, the company signed an agreement with the Special Investment Facilitation Council (SIFC), a hybrid civil-military body facilitating foreign businesses in Pakistan, to cultivate 5,000 acres of highly nutritious cattle fodder.
Its chairman, Prince Mansour M. Al Saud, interacted with officials at the GCI headquarters, who aim to modernize agriculture in the country, to explore investment opportunities.
“I visited [the Green Pakistan Initiative headquarters] today and spent almost two hours here,” the chairman of the Saudi company said in a video shared by Radio Pakistan. “I have seen many primary objectives they are working on, including land development and how they are focusing on biodiversity to create a significant impact on the social lives of the communities.”
“As an investor in agriculture here in Pakistan, I would be glad to get involved in their system and program, and to establish our own farms and projects in Pakistan,” he added.
Pakistan and Saudi Arabia signed 27 agreements and memorandums of understanding (MoUs) worth about $2 billion during the visit of the kingdom’s Investment Minister Khalid Bin Abdulaziz Al Falih.
Federal Minister for Planning and Development Ahsan Iqbal specifically mentioned the objective of increasing agricultural productivity as a key focus area for the government during his meeting with the Saudi official.
The Najd Gateway Agricultural Company’s chairman also expressed hope that Pakistan’s agricultural activities will strengthen in his video message.