INP-WealthPk

Royal Group of China to invest in Buffalo farming in Pakistan

September 30, 2021

ISLAMABAD, Sept. 30 (INP)- While the special focus has been given to agriculture and livestock during the second phase of the China-Pakistan Economic Corridor (CPEC), the Royal Group of China is all set to establish buffalo milk farming units in Pakistan, According to Gwadar Pro, Federal Minister for Planning, Development, and Special Initiatives Asad Umar held a meeting with the Chief Executive Royal Group of China in Islamabad and discussed different aspects of buffalo farming in Pakistan. The meeting was also attended by other senior officials. Chief Executive Royal group China Kith Meng informed Asad Umar of six labs in different cities of Pakistan for the production of buffalo's embryos through high-quality genetic In Vitro Fertilization (IVF) process, adding they would also establish a Semen Production Unit (SPU) for buffalo where they will care for and manage the breeding of bulls. The Royal Group would also establish a big buffalo farm that will be FMD free, and from there they will produce high-quality buffalo milk, and then process it into powdered milk and mozzarella cheese. "The government of Pakistan has no bureaucratic red-tapism, and the Ministry of Planning and the CEPC Authority are committed to promoting investment from China," Asad Umar told Mr. Meng. He also informed that the Investor Facilitation Center under the CPEC Authority would soon be operational, which will help resolve all the issues faced by the investors. Pakistan can lift its people out of poverty if it increases the productivity of its agriculture and livestock. In March 2020, China and Pakistan signed an MoU to set up the Agriculture Joint Working Group under CPEC.
INP/javed