top of page

UA News and the Unconventional Ag event series are no longer being offered. You can continue to stay updated on the global ag, agtech, food, and food tech sectors through our other publications and events: Global AgInvesting conference series, AgInvesting Weekly, Agtech Intel News, Women in Agribusiness Summit, and Women in Agribusiness Today.  We are grateful for your past support, and look forward to staying connected with you through our range of media platforms.

NEWS.png
Dec 15, 20201 min read

Cargill Makes First Investment in Pakistan, Taking Stake in Country’s Leading Bulk Terminal


Cargill has made its first investment in the country of Pakistan, taking a minority stake in Fauji Akbar Portia Marine Terminal Limited (FAP) - the country’s leading bulk terminal. Under the terms of the deal Cargill will handle grains, oilseeds, cereals, and fertilizers at Port Qasim, and Fauji Foundation will be enabled through Cargill’s global port and bulk handling experience to strengthen FAP’s supply chain to generate greater value for its stakeholders, suppliers, customers, and employees.


Already a leading soybean and palm supplier to Pakistan, Cargill first announced its intent to enter the country in January 2019 when it referenced investing $200 million in the country.


Cargill stated that the deal strengthens its global port operations footprint, and together the two partners will position FAP for its next stage of growth and profitability, adding that it is open expanding into other sectors in Pakistan.



Comments

NeverStop - 650x85.jpg
CPM Logo Image
LECO Ad Image
MOSOY-NovDecJan-1000 x825-02.png
UA News Subscribe Image

CONTRIBUTE

Contact Lynda Kiernan-Stone,

editor of Unconventional Ag News, to submit a story for consideration: 
lkiernan-stone@highquestgroup.com

bottom of page