Cargill to invest $200 million in Pakistan, government says

PAKISTAN (Reuters) - Food and agriculture group Cargill Inc will

invest some $200 million in Pakistan over the coming three to five
years in sectors ranging from dairy, to edible oils and animal feed,
the prime minister's office in Islamabad said on Thursday, 17
January
"Cargill's proposed investments will support Pakistan's overall
economic development and contribute to local employment," it said in a
statement following a meeting between company executives and Prime
Minister Imran Khan.
The announcement comes as Pakistan, grappling with a severe
squeeze on its foreign exchange reserves, has stepped up efforts to
stabilze its economy and attract international investors.
Privately owned Cargill will expand its operations across the agricultural
trading and supply chain, edible oils, dairy, meat and animal feed, the
government statement said.