Aurangzeb appreciates IFFCO team

Finance Minister Senator Muhammad Aurangzeb met a delegation from International Foodstuffs Company (IFFCO) at the Finance Division in Islamabad on Monday, according to Business Recorder. The visiting team was headed by Abdelghani Abdullah, Global Group Director, and Arshaduddin Ahmed, CEO of IFFCO Pakistan, and also included the local CFO plus officials from the UAE Embassy. Aurangzeb praised the firm's longstanding investment and its contribution to the country's food and manufacturing industries.

Abdelghani Abdullah described the Group's activities in edible oils, fats, agriculture, animal nutrition and confectionery across roughly 50 countries. He told the minister that Pakistan remains a key market and that the Group intends to keep investing here. IFFCO Pakistan has operated since 2006 and has committed about USD 100 million, growing from one oil and fats plant into two refineries and five sites, while also entering seed crushing and feed mills.

The delegation said it wants to expand its Pakistani investment, citing growth prospects across local industry and food production. Aurangzeb welcomed that interest, promised ongoing government backing, and stressed the need for an environment that draws new investment, jobs and added local value. He also thanked the UAE Embassy for supporting commercial ties between the two nations.