IFFCO reaffirms commitment to Pakistan, eyes expanded footprint
MG News | September 15, 2026 at 09:54 AM GMT+05:00
September 15, 2026 (MLN): The Government of
Pakistan reaffirmed its commitment to facilitating existing investors and
expanding investment opportunities in the country's food and manufacturing
sectors, as International Foodstuffs Company (IFFCO) expressed interest in
further expanding its investment footprint in Pakistan.
Federal Minister for Finance and Revenue Senator
Muhammad Aurangzeb received a delegation of IFFCO at the Finance Division, led
by Global Group Director Mr. Abdelghani Abdullah and CEO IFFCO Pakistan Mr.
Arshaduddin Ahmed, said a press release issued.
The meeting was also attended by CFO IFFCO Pakistan Mr.
Muhammad Jawad, Head of Protocol Department at the UAE Embassy Mr. Khalil Ahmed
Awan, and Economic Researcher at the UAE Embassy Ms. Kanwal Asim.
The finance minister welcomed the delegation and
appreciated the company's longstanding investment and contribution to
Pakistan's food and manufacturing sectors, acknowledging its role in supporting
local employment, manufacturing and allied industries.
Mr. Abdelghani Abdullah briefed the finance minister on
IFFCO Group's global operations, noting that the UAE-headquartered
multinational operates in around 50 countries with a diversified presence
across food manufacturing, oils and fats, confectionery, dairy, agriculture,
poultry and animal nutrition, and pointed to the Group's role in supporting
food security across international markets.
He said Pakistan remains an important market for IFFCO
and reaffirmed the Group's intention to continue investing and expanding its
business in the country.
The delegation also briefed the Minister on IFFCO
Pakistan's operations and investment footprint, stating that the company has
been operating in the country since 2006 and has invested around US$100mn,
expanding from a single oil and fats refinery to two refineries and five
manufacturing sites.
The company has since diversified into seed crushing,
animal nutrition and feed mills, contributing to employment, local value
addition and the broader food supply chain.
The delegation noted that IFFCO supplies products to
major companies operating in Pakistan and sees significant opportunities to
grow alongside its customers and the wider economy.
Senator Muhammad Aurangzeb welcomed IFFCO's interest in
further investment and expansion, assuring the delegation of the government's
continued support, and emphasized the importance of facilitating existing
investors while creating an ecosystem that encourages new investment,
industrial growth, employment and greater value addition.
He also appreciated the support extended by the Embassy
of the United Arab Emirates in strengthening economic and commercial engagement
between the two countries, underscoring the longstanding and strategic nature
of Pakistan-UAE relations and expressing confidence that bilateral cooperation
would continue to deepen.
Mr. Abdelghani Abdullah, for his part, appreciated the
government's support and reaffirmed IFFCO's long-term commitment to Pakistan,
highlighting the company's contribution to employment, local manufacturing and
the wider food ecosystem.
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