Dutch-French commodities giant Louis Dreyfus Company (LDC) has expanded its operations in Pakistan by establishing a new grain storage facility with a capacity of around 40,000 metric tons in Multan.
The facility is located at LDC’s first company-owned industrial site in Pakistan and is aimed at strengthening its grain storage and supply chain operations.
Rubens Marques, LDC’s Head of South & Southeast Asia, said Pakistan is an important grain market and a key South Asian destination for the company.
He said the investment would strengthen LDC’s presence in Pakistan’s domestic market and improve its ability to meet changing customer demand in the region.
LDC has operated in Pakistan since 2010 and is active in cotton, grains, oilseeds, pulses, rice and sugar, with wheat being one of its key markets.
Muhammad Danyal, LDC’s Country Head for Pakistan and Head of Grains & Oilseeds for Pakistan, said Pakistan’s agricultural base and rising grain demand continue to create business opportunities.
He added that investment in logistics infrastructure would help improve services for suppliers and customers, strengthen supply chains and create local employment.
Pakistan is one of South Asia’s major agricultural markets and among the world’s largest wheat producers and consumers, with demand supported by a population of more than 250 million.
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