Edible Oil: Food ministry to enhance production

Pakistan imported Rs24.5 billion worth of edible oil in June 2012.


Our Correspondent November 24, 2012
Edible Oil: Food ministry to enhance production

LAHORE:


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.

COMMENTS (3)

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abdussamad | 12 years ago | Reply

I think the Malaysians and Indonesians have palm oil production pretty much covered. We don't need to get into this business. We should focus on producing things in which we have a comparative advantage.

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