More
    HomeBusinessChina's firm to set up agri-industrial park

    China’s firm to set up agri-industrial park

    Published on

    Listen to article


    LAHORE:

    Feiduoduo Cross-Border E-Commerce (Ji Nan) Co, Ltd, a subsidiary of the Chinese listed company Guolian Co, Ltd, is set to establish a Sino-Pak Agricultural Industrial Park in Pakistan and launch a cross-border e-commerce platform in Urdu.

    Ken Liu, Director of cross-border e-commerce at Feiduoduo, shared the company’s vision in an interview with Gwadar Pro. “Our goal is to create a two-way agricultural trade corridor that benefits both nations. By leveraging our expertise in agricultural inputs and digital platforms, we aim to support Pakistan’s farmers while bringing high-quality Pakistani products to Chinese consumers,” he said.

    Feiduoduo specialises in B2B transactions for raw materials and finished products across nine key agricultural supply chains, including fertilisers, pesticides, agricultural films, seeds, and edible agricultural products. Already operating in Thailand and Indonesia, Pakistan is a key focus of its global expansion strategy.

    Agriculture contributes approximately 24% of Pakistan’s GDP and 37.4% of employment. However, the sector faces challenges such as fragmented supply chains, high distribution costs, and limited access to affordable inputs. Pakistan’s annual fertiliser demand exceeds 10 million tonnes, with small and medium-sized farmers particularly in need of cost-effective solutions.

    “The sector has immense potential but requires innovative solutions to overcome its challenges. Our B2B platform will integrate suppliers with distributors, reducing inefficiencies and ensuring farmers get competitive prices,” Liu explained.

    Source link

    Latest articles

    SpaceX’s Fram2 launch sends civilian crew into first flight around Earth’s poles

    A wealthy Chinese-born bitcoin entrepreneur, a Norwegian cinematographer, a German...

    Aisha Bowe reflects on her journey from community college to rocket scientist on all-female space flight

    Aisha Bowe, a former NASA rocket scientist and two-time tech...

    Stock Market LIVE: Sensex Down 350 Points, Nifty Below 23,250 As US Imposes 26% Tariff On India

    Stock Market Updates LIVE: Indian markets were weaker at market open on Thursday, after...

    More like this

    SpaceX’s Fram2 launch sends civilian crew into first flight around Earth’s poles

    A wealthy Chinese-born bitcoin entrepreneur, a Norwegian cinematographer, a German...

    Aisha Bowe reflects on her journey from community college to rocket scientist on all-female space flight

    Aisha Bowe, a former NASA rocket scientist and two-time tech...