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Home Islamabad

Australia working with Pak private sector for economic growth: HC

byCT Report
07/02/2018
in Islamabad, Latest News
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ISLAMABAD: The Australian High Commissioner Margaret Adamson said that Australia was working with Pakistan’s progressive private sector to drive economic growth and assist Pakistan’s efforts to alleviate poverty. She further said that by connecting smallholders with commercial markets, the milk collection centers would attract better quality milk and provide a better rate for farmers for their product.

According to Australian High Commission, while commenting on recently collaboration between her government and Fauji Foods, she said that extending the commercial network for milk procurement would help to address Pakistan’s annual milk supply-demand gap of 3.5 billion liters. The milk collection centers will also deliver critical information to farmers on best practice in milking, vaccination and animal husbandry.

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She welcomed the joint investment by Australia and Fauji Foods which would expand Pakistan’s formal milk procurement network and increase incomes for smallholders. Australian development cooperation partnership with Pakistan is focused on reducing poverty through economic growth and human development. Investment in the private sector, nutrition and gender equality are key priorities, and are linked to this catalytic new initiative.

The Australian government-funded Market Development Facility (MDF) and Fauji Foods Limited signed a partnership today to establish 20 milk collection centers in rural Layyah and Muzaffargarh, Southern Punjab.

MDF is the Australian Government’s private sector development program in Pakistan.  Since 2013, MDF has partnered with 46 Pakistani businesses in the dairy, meat, leather and horticulture sectors and is now expanding into new sectors in support of business services and sustainable technologies.

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