KSA targets Pakistan’s corporate farms to secure rice supplies

News Image

MG News | February 11, 2026 at 11:18 AM GMT+05:00

February 11, 2026 (MLN): Saudi Arabia has expressed strong interest in corporate farming in Pakistan, particularly in the rice sector, as part of efforts to secure consistent, high-quality agricultural supplies.

Investment in large-scale farming, mechanization, storage, and logistics is expected to enable structured, long-term rice exports to the Kingdom, while broader cooperation may extend to fodder, meat, and other Agri-products.

Federal Minister for Commerce Jam Kamal Khan held a comprehensive meeting with Eng. Ibrahim Al-Mubarak, Assistant Minister of Investment of the Kingdom of Saudi Arabia, to advance bilateral trade, investment, and regional market engagement, according to a press release issued.

The discussions reflected strong convergence on an investment-led and partnership-based approach, emphasizing competitiveness, production scaling, and strengthening value chains to unlock Pakistan’s export potential in high-growth regions such as Central Asia, Africa, and ASEAN.

The two sides agreed that Pakistan’s production capabilities, combined with Saudi Arabia’s capital strength, market access, and regional connectivity, could form a complementary partnership.

Talks also highlighted opportunities in corporate farming and mechanization for crops such as cotton, and the potential for Saudi financing institutions to support export-linked agricultural and infrastructure projects.

Human resource development, particularly in healthcare, hospitality, and technical services, emerged as a key area for collaboration, with Saudi Arabia sharing expertise in vocational training and train-to-deploy programs.

Additionally, discussions covered building materials, pharmaceuticals, sports goods, footwear, and light manufacturing, with a focus on joint ventures, contract manufacturing, and private-sector matchmaking.

The meeting concluded with plans for sector-specific workshops and business-to-business engagements aimed at translating policy alignment into tangible trade flows, investment projects, and employment generation, further strengthening Pakistan-Saudi Arabia economic relations.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 177,322.78
218.45M
-0.03%
-47.93
ALLSHR 107,545.62
611.68M
-0.16%
-170.58
KSE30 52,748.13
109.41M
-0.15%
-79.11
KMI30 250,923.14
114.37M
-0.26%
-656.80
KMIALLSHR 69,357.47
341.55M
-0.25%
-170.67
BKTi 50,191.95
23.34M
-0.24%
-121.95
OGTi 36,022.65
8.50M
-1.33%
-487.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 79,435.00 80,590.00
78,525.00
915.00
1.17%
BRENT CRUDE 88.14 88.66
86.22
0.30
0.34%
RICHARDS BAY COAL MONTHLY 110.30 0.00
0.00
0.85
0.78%
ROTTERDAM COAL MONTHLY 124.80 0.00
0.00
0.60
0.48%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 82.21 82.62
80.65
-0.02
-0.02%
SUGAR #11 WORLD 17.82 17.90
17.55
0.23
1.31%

Chart of the Day


Latest News
August 27, 2026 at 05:15 PM GMT+05:00

APAG IPO fully subscribed on first day


August 27, 2026 at 04:28 PM GMT+05:00

SRVI profit jumps 24% to nearly Rs10bn in 1HCY26


August 27, 2026 at 04:22 PM GMT+05:00

PSX Closing Bell: A Little Offbeat


August 27, 2026 at 04:11 PM GMT+05:00

UPFL profit soars 40% to Rs4bn in 1HCY26


August 27, 2026 at 04:08 PM GMT+05:00

DGKC FY26 profit jumps 25%



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg