Pakistani, Chinese firms sign 79 MoUs worth $4.5 billion at Islamabad agriculture summit

A farmer carries bundles of harvested rice before threshing at a field on the outskirts of Larkana, in Pakistan’s Sindh province on October 23, 2025. (AFP/File)
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Updated 20 January 2026
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Pakistani, Chinese firms sign 79 MoUs worth $4.5 billion at Islamabad agriculture summit

  • The summit saw participation from over 300 Pakistani, Chinese firms focusing on modern agricultural techniques and solutions
  • Food security minister says these investments will modernize Pakistan’s agricultural value chains and enhance productivity

KARACHI: The Pakistan–China Agriculture Investment Conference in Islamabad has resulted in 79 Memoranda of Understanding (MoUs) between Pakistani and Chinese companies with an approximate investment value of $4.5 billion, Pakistani Food Security Minister Rana Tanveer Hussain said on Tuesday, signaling confidence of Chinese investors in Pakistan’s agriculture and food sectors.

At least 119 Chinese companies and over 191 Pakistani firms participated in the event held on Monday, focusing on fertilizers, seed varieties, machinery, precision farming and smart irrigation systems, according to the organizers.

The conference was billed by Pakistan’s Ministry of National Food Security and Research as a platform for deepening bilateral agricultural ties and supporting broader economic engagement between the two countries.

Hussain said the scale and depth of investment commitments at the conference reflected a decisive shift from dialogue to on-ground, investment-led collaboration between the two countries.

“The conference was specifically structured to deliver tangible outcomes through direct B2B (business to business) matchmaking, targeted sectoral engagement and project-based investment facilitation, rather than conventional discussions,” he was quoted as saying by his ministry.

Pakistan and China have been expanding cooperation in agriculture under the China-Pakistan Economic Corridor (CPEC) framework, with a focus on mechanization, high-yield seeds, livestock development and value-added food processing. Officials say stronger agricultural ties could help Pakistan boost exports, ensure food security and create jobs, while offering Chinese companies access to a large farming market and new investment opportunities.

Pakistan’s exports to China reached approximately $2.38 billion in Fiscal Year 2024–25 that ended in June, while imports stood at $16.3 billion, reflecting growing demand on both sides despite global economic headwinds, according to the minister.

The food security ministry undertook extensive preparatory work prior to the conference, including structured engagements with Pakistani industry bodies and Chinese enterprises, to align investment proposals with market demand, technology requirements and national priorities, according to Hussain.

As a result, investment agreements were concluded across ten high-impact agricultural and allied sub-sectors, including food processing and value addition, agri-technology, seeds and plant protection, livestock and dairy, meat and poultry, fruits and vegetables, fisheries and aquaculture, animal feed, post-harvest infrastructure, and agricultural inputs.

“These investments will modernize Pakistan’s agricultural value chains, introduce advanced production and processing technologies, and significantly enhance productivity,” the minister said.

“The inflow of capital and technology is expected to generate large-scale employment, particularly in rural areas, strengthen farm-to-market linkages, and reduce post-harvest losses, thereby improving farmer incomes and rural livelihoods.”


Karachi mayor says city focused on rescue, identification after mall fire kills 67 

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Karachi mayor says city focused on rescue, identification after mall fire kills 67 

  • Blaze broke out on Jan. 17 at Gul Plaza, trapping workers and shoppers inside and burning for more than 24 hours 
  • Authorities say identification has been significantly slowed by the condition of the bodies recovered from the site

ISLAMABAD: Authorities in Karachi are focused on ongoing rescue operations and the identification of victims and handover of remains to families, the city’s mayor said on Friday, after a deadly fire at a shopping plaza killed at least 67 people this month.

The blaze broke out on Jan. 17 at Gul Plaza, a densely packed commercial building in the heart of the city, trapping workers and shoppers inside and burning for more than 24 hours before being brought under control. Recovery operations are still underway as teams sift through unstable debris at the site.

Karachi Mayor Murtaza Wahab said in a statement the city administration remained focused on retrieving remains and returning them to families as quickly as possible. His remarks came after he visited the homes of several victims, according to a statement from his office.

“Rescue personnel of the Karachi Metropolitan Corporation are still engaged in the rescue operation, while the administration is making every effort to hand over [remains] of the victims, loved ones to their families at the earliest,” Wahab was quoted as saying.

Identification has been complicated by the condition of the remains, Karachi Police Surgeon Dr. Summaiya Syed told reporters.

Most of the bodies recovered so far were discovered in fragments, she said, making forensic identification extremely difficult and prolonging the process for families waiting for confirmation.

Relatives of more than a dozen missing persons have remained near the destroyed plaza and at hospitals even after submitting DNA samples for testing. Some families have voiced frustration over the pace of recovery and identification efforts.

Wahab said the provincial government stood with affected families and had committed to long-term support.

“The Sindh government would also not sit back until the victims are fully rehabilitated and that all possible support would be provided [to them],” he said.

Authorities have yet to determine the cause of the fire. Police have said preliminary indications point to a possible electrical short circuit in the plaza which houses over 1,200 shops, though officials stress that conclusions will only be drawn after investigations are completed.

Deadly fires are a recurring problem in Karachi, a city of more than 20 million people, where overcrowded markets, aging infrastructure, illegal construction and weak enforcement of safety regulations frequently contribute to disasters. 

Officials say a blaze of this scale is rare.

The Sindh government has announced compensation of Rs10 million ($35,720) for each person killed in the fire and said all affected shopkeepers would also be compensated.