COFCO TI & PCML Sign Food Complex MoU

COFCO TI and Pakistan-China Molasses Limited (PCML) signed a cooperation memorandum for the PCML Food Complex Project at the Pakistan-China Business Conference in Shenzhen. The two parties established a strategic partnership around the PCML Regional Food Complex Project in Karachi, Pakistan.
The project aims to create an integrated grain and oil industry center, covering grain and oil storage, processing, and deep processing, with the goal of becoming a fully equipped, technologically advanced complex for the grain and oil industry. The successful implementation of this project is expected to play a significant role in ensuring food security for Pakistan.
COFCO TI will actively implement and carry out the "Belt and Road" initiative, leveraging its accumulated advanced technologies and rich experience in the development of the grain and oil industry to facilitate the upgrading and sustainable development of the local grain and oil sector.