Dutch-French Agri-Business Giant Opens 40,000 Ton Grain Facility in Multan
Dutch-French commodities giant Louis Dreyfus Firm (LDC) has expanded its operations in Pakistan by establishing a new grain storage facility with a capacity of around 40, 000 metric tons in Multan.
Dutch-French commodities giant Louis Dreyfus Firm (LDC) has expanded its operations in Pakistan by establishing a new grain storage facility with a capacity of around 40, 000 metric tons in Multan.
Article outline
- What happened
- The key numbers
- The details
- The bottom line
Key points
- Muhammad Danyal, LDC's Country Head for Pakistan and Head of Grains & Oilseeds for Pakistan, remarked Pakistan's agricultural base and rising grain demand continue to create business opportunities.
- Rubens Marques, LDC's Head of South & Southeast Asia, remarked Pakistan is an notable grain market and a key South Asian destination for the firm.
- Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
- LDC has operated in Pakistan since 2010 and is active in cotton, grains, oilseeds, pulses, rice and sugar, with wheat being one of its key markets.
- Add as a preferredSource on Google Follow on Google News Join WhatsApp.
In practice, the facility is located at LDC's first company-owned industrial site in Pakistan and is aimed at strengthening its grain storage and supply chain operations.
Rubens Marques, LDC's Head of South & Southeast Asia, remarked Pakistan is an notable grain market and a key South Asian destination for the firm. 4.5 Million Tons of Wheat Reportedly Go Missing from Punjab.
He remarked the investment would strengthen LDC's presence in Pakistan's domestic market and improve its ability to meet changing customer demand in the region.
He continued that investment in logistics infrastructure would assist improve services for suppliers and customers, strengthen supply chains and create local employment.
Pakistan is one of South Asia's major agricultural markets and among the world's largest wheat producers and consumers, with demand backed by a population of more than 250 million. Stay Connected with ProPakistani.
Obtain the latest business news, market insights, and economic updates wherever you prefer. Follow on Google Discover.
In short, dutch-French Agri-Business Giant Opens 40, 000 Ton Grain Facility in Multan is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.
