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Olives, Pakistan s best bet to cut down edible oil import bill

Olives, Pakistan’s best bet to cut down edible oil import bill Business March 11, 2021 ISLAMABAD: Growing needs of an increasing population are pushing the country towards food insecurity, which calls for raising agriculture produce on war-footing, especially oilseed crops, and olive is our best bet right now. Even being an agriculture country Pakistan has to spend millions of dollars on import of food items that can be grown indigenously through proper policies. Edible oil, a key component of our daily use items, is a glaring example as the country is hardly managing to produce only 32 percent of edible oil to meet domestic consumption and the remaining 68 percent is imported from different countries.

Nine olive extraction plants installed under PSDP

Nine olive extraction plants installed under PSDP   Published On PARC is endeavouring to promote local production of extra-virgin ISLAMABAD (Dunya News) – More than nine advanced oil extraction plants have been installed to harness the increasing olive oil production on commercial scale for farmers. The oil extraction units were installed under Public Sector Development Program (PSDP) to promote olive cultivation to reduce reliance on imported edible oil for catering domestic requirements, said Dr Ahmad Tariq. He said out of these nine plants, three have the capacity of 600 kg per hour extraction and six units have capacity of 100 kg. All the basic accessories like harvesting baskets, oil analyzer for quality analysis, filling, capping sealing machine and olive oil storage containers had been installed within these machines, he added.

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