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Razak lauds ‘Fatima Group’ for Joint Venture with Chinese Firm

News Desk by News Desk
March 8, 2022
in China, CPEC, Pakistan
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Razak lauds ‘Fatima Group’ for Joint Venture with Chinese Firm

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Abdul Razak Dawood, Adviser to the Prime Minister on Commerce and Investment, praised the ‘Fatima Group’ for forming a joint venture with Saudi Arabia’s Sarh Attaqnia Co and China Machinery Engineering Company. He emphasized that Pakistan is an agricultural country and hoped that this Joint Venture (JV) would improve R&D to increase yield in the agriculture sector for both domestic and export purposes.

Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Monday hailed ‘Fatima Group’ for entering into a Joint Venture with Saudi Arabia’s Sarh Attaqnia Co and China Machinery Engineering Company.

These companies specialize in development of agricultural value chain, export marketing, adoption of climate-smart precision agricultural practices and production of enhanced high-yield seeds, the Adviser Commerce and Investment said this on his official twitter account.

He said the formal signing was held in Pakistan Pavilion at the Expo 2020 in Dubai. The Adviser said that Pakistan is an agricultural country and hoped that this Joint Venture (JV) will enhance R&D to increase yield in Agriculture sector for domestic use and for exports.

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