The food ministry is considering restoration of its Palm Oil Trees cultivation project along Pakistan’s coastal belt in a bid to satisfy the surging demand for edible oil domestically and save precious foreign exchange on expensive imports.
Pakistan imported Rs24.5 billion worth of edible oil in June 2012, according to the latest figures available on Pakistan Bureau of Statistics website.
Pakistan Oilseed Development Board Managing Director Syed Nasir Ali Shah recently held a meeting with stakeholders to evolve a joint strategy for increasing the oilseed production in the country. One of the measures proposed was plantation of palm oil trees along the coastal belt.
Published in The Express Tribune, November 25th, 2012.
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