Royal Group Co Ltd, a leading Chinese dairy and buffalo milk producer, plans to invest $500 million in Pakistan’s livestock and dairy sector in the short term.
On Wednesday, an eight-member Royal Group Co Ltd delegation led by Royal Group President Chen Yi visited BOI Additional Secretary Mukarram Ansari to discuss investment opportunities in the livestock and dairy sectors.
The Group’s interest in investing in Pakistan was warmly welcomed by Additional Secretary BOI, who introduced them to the sector-specific rewards database created by BOI Down pointing backhand index.
The delegation was told that developing an integrated dairy sector to produce value-added products such as butter, yoghurt, cheese, and other dairy products while adhering to international food safety standards is critical to expanding Pakistan’s trade and investment opportunities in the global market.
Ansari of the BOI also briefed the delegation on investment opportunities in Pakistan’s Special Economic Zones (SEZs), which are being created to speed up export-oriented industrialization. The delegation was told that Pakistan’s SEZs provide customs-free machinery imports and a 10-year income tax holiday.
The meeting ended with BOI extending its full support to the Royal Group, within its reach, and ensuring all-out facilitation.
