Syngenta Set to Invest $1.4 Billion in Pakistan
In a statement issued on Wednesday, Syngenta Pakistan-the local branch of the Swiss firm that deals with crop protection and seed manufacture pledged to support small and medium farmers to modernize their farming methods with a focus on ensuring food security in the country.
The statement also mentioned that Syngenta’s head of Asia-Pacific Region, Tina Lawton, was on her first visit to Pakistan. During the visit, she visited the company’s research and development facility near Lahore.
The visit was meant to review the local operations of the company and to gain a deeper understanding of the agricultural sector in Pakistan. In this way, Syngenta can help the local farmers meet the needs of the market.
Tina Lawton later met the farmers and franchisees of Syngenta to further understand their operations, expectations and what could be done to make their situation even better. She made a pledge to them that Syngenta Pakistan committed to the Pakistan farming community and its more than 50 years of presence in the country, it looked forward to better things in the future. Her visit was also marked by the discussion of the ways the Naya-Savera Franchise model could be modernized using the latest technology in this field.
On Syngenta’s transition of new ownership to ChemChina, Lawton stated that the transition would not affect the operations of the company with its Swiss parent. She stated that, in fact, the company is planning on investing to a tune of $1.4 billion each year in research and development in Pakistan.
The visit by Lawton was a great addition to the confidence of the Pakistan agricultural sector as it reassured the stakeholders in the industry of continued support from the Swiss company. At a time when the world is facing food shortages, the partnership between Syngenta and the Pakistan economy is a great opportunity for the country to produce enough food to meet the local needs and even export the excess produce to other nations in need.