SIFC signs agreement with Najd Gateway Holding Company of KSA in livestock sector
The Special Investment Facilitation Council (SIFC) has recently forged a strategic partnership with Najd Gateway Holding Company from Saudi Arabia, focusing on enhancing Pakistan's livestock sector.
The agreement encompasses the cultivation of 5,000 acres of alfalfa, a crucial cattle fodder, with plans for subsequent exportation. Alfalfa is renowned for its rich protein content, serving as a staple diet for various livestock including dairy cattle, beef, horses, sheep, and goats.
Pakistan boasts fertile soil ideal for cultivating high-quality livestock products, offering substantial potential for bolstering the nation's agricultural landscape. Alfalfa cultivation, widely recognized as a pivotal fodder crop globally, holds immense significance in augmenting the nutritional requirements of domestic animals.
With this collaboration, both entities aim to capitalize on Pakistan's agricultural strengths, fostering innovation and sustainability within the livestock sector to meet evolving market demands and ensure long-term prosperity.
Related stories
EconomyAurangzeb, Fitch Discuss Pakistan’s Credit Outlook
EconomyDPM Orders Strict Monitoring of Supply Chains and Prices
EconomyIMF Raises Asia Growth Forecast, Flags Risks Ahead
EconomyPM Directs Banks to Improve Housing, SME, Farm Lending
BusinessPM Shehbaz Chairs First Meeting of National Agriculture and Food Security Council: “Agriculture Can Drive Economic Growth”
Economy