Fatima Group, one of the fastest-growing industrial conglomerates in Pakistan, has signed two MoUs of over USD1 billion with two key global agriculture stakeholders – China Machinery Engineering Company (CMEC) from China and Sarh Attaqnia Co. (SAC) from the Kingdom of Saudi Arabia.
A formal signing of the business partnership was held at the Pakistan Pavilion in line with the ongoing Agriculture Week at Expo 2020 Dubai. Fatima Group is leading the initiative of transforming Pakistan’s agriculture to serve as the world’s food basket. They’ve been known as Pakistan’s fastest-growing industrial conglomerate with more than $1 billion in revenue in industries like fertilizers, energy, textiles, sugar, cement, and venture capital investments.
“As chairman of a leading Pakistani conglomerate, it is my vision to bring modern precision farming to Pakistan. We as a country are blessed with immense potential and I strongly believe that with the right partners we can create a big difference not just for Pakistan’s food security but the entire region’s. We are grateful to our Chinese and Saudi counterparts who have put their trust and faith in us. I am hopeful that this landmark will lead to many more such partnerships and investment opportunities for future,” said Mian Fawad Ahmed Mukhtar, Chairman of Fatima Group and CEO of Fatima Fertilizer Company Limited.
CMEC as a technology partner, will help with the adaption of climate-smart precision agriculture farm machinery, improved...
Read Full Story: https://www.techjuice.pk/pakistans-fatima-group-inks-1-billion-deals-with-global-agriculture-giants-at-expo-2020-dubai/
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