Special Investment Facilitation Council (SIFC) and Saudi Arabia’s Najd Gateway Holding Company have inked a deal to cultivate 5,000 acres of alfalfa cattle fodder, aimed at boosting bilateral cooperation in the livestock sector and facilitating exports.
This initiative underscores the significance of alfalfa as a vital protein source for various domestic animals, including dairy cattle, beef, horses, and more.
Pakistani soil’s potential for high-quality livestock products, rich in nutrition and protein, makes this venture particularly promising.
The agreement, aligned with Saudi Arabia and UAE’s pledged investments of $25 billion each in Pakistan since September 2023, marks a significant stride towards enhancing investment opportunities. Crown Prince Mohammad Bin Salman reiterated Saudi Arabia’s steadfast support for Pakistan during a recent congratulatory call to Prime Minister Shehbaz Sharif upon assuming office.
In a separate event this month, the Kingdom of Saudi Arabia (KSA), which has long maintained friendly ties with Pakistan, initiated a gift initiative that will provide high-quality dates, or 30,000 individual gifts, to the populace throughout the fasting month of Ramadan.