KARACHI: Malaysian company, Felda Global Ventures Plantations, has decided to establish a small palm oil factory in Thatta at the cost of Rs 20 million and start two pilot projects of plantation of palm oil trees in Agriculture University Tando Jam.
This was decided in a meeting of the officials of company with Sindh Minister for Coastal Development, Dr. Sikander Mendhro, said a statement on Friday.
Vice President of Malaysian Company, Soh Kim Yaw and Agronomist, Lee Chin tui called on the Minister at his office in Sindh Assembly
Building here.
Senator Taj Haider, famous industrialist, Bashir Jan Muhammad, Director General Sindh Coastal Development Authority, Abdul Haleem Shaikh, Chief Executive Dalda Food private limited, Pervez H. Khan and others were also present on the occasion.
The meeting was told that the team of Malaysian company visited the coastal areas near Thatta and Badin between January 11 to 15 and reviewed the land and environment for plantation of Palm trees.
Speaking on the occasion, the minister said that the government of Sindh wants to save the foreign exchange which is being spent on Palm oil import.
He said that plantation of Palm trees and establishment of Palm oil factory will create more jobs for local people and bring betterment and prosperity to their life.
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