Chinese company to help Pakistan boost edible oil production

Author: Agencies

Pakistan’s annual consumption of edible oil is around 5 million tons, but due to the low economic potential of oilseeds in the local market, they are not preferred by the farmers. The country has to import about 89 percent of oil to meet the demand, spending US$3.6 billion annually.

Pakistan’s iron brother, China, also has great demand for edible oil. Last year, China’s cooking oil consumption is about 13.44 million tons. China also suffered a short domestic supply of edible oil until the mid-1950s, when China began to promote brassica napus, also known as victory rapeseed. Brassica napus plants are tall, disease resistant, and more importantly, the yield is very high. The improvement of rapeseed varieties laid the foundation for China to greatly increase rapeseed production.

In recent years, the Chinese Academy of Agricultural Sciences (CAAS) has made a great breakthrough in breeding new varieties of rapeseed, which have been extended to some parts of northern China. Rapeseed now realized seasonal rotation with rice, wheat and other staple crops, which maximizes the utilization of arable land. Such Chinese experience and technologies can be a good reference for Pakistan, according to CEN.

Chinese company Wuhan Qingfa-Hesheng and a Pakistani company Evyol Group jointly provide high-quality hybrid rapeseeds to Pakistani farmers. “It took us 10 years to produce a variety that is compatible with the local climate, produces a good yield and is good for human health,” said Ghazanfar Ali, head of marketing in the Evyol group. “The crop provides an increased profit for the farmers. They can get 1.5 tons of yield out of 2 acres of land, which is over 10 percent more than the yield from other varieties currently available in Pakistan.”

“This year we sold 11 tons of seeds across Pakistan, which will be cultivated on 20,000 acres, and our target for next year is 100 tons,” said Zhou Xusheng, director of the international business department of Wuhan Qingfa-Hesheng Seed company.

The Chinese company will also buy back the canola harvest from some of the farmers and send it to the edible oil factories so that both farmer and the factory owners can realize the potential and health benefits of the oil.

Share
Leave a Comment

Recent Posts

  • Technology

Kaspersky uncovers new scam targeting businesses on social media

Islamabad : Kaspersky experts have uncovered a new phishing scam targeting businesses that promote their…

4 hours ago
  • Business

realme Closes 2024 with Record-Breaking Growth and Launches the Industry’s Best Waterproof Smartphone, the realme C75

Lahore – 26 December 2024: As the fastest-growing smartphone brand in the world, realme has…

5 hours ago
  • Top Stories

Protection of minorities’ rights focus of Pakistan’s fundamental agenda: PM

Prime Minister Muhammad Shehbaz Sharif on Wednesday said the country’s fundamental agenda of development and…

7 hours ago
  • Top Stories

Thousands mark 20 years after deadly Indian Ocean tsunami

Survivors and families of victims of the Indian Ocean tsunami 20 years ago visited mass…

7 hours ago
  • Pakistan

Military Court Sentences 60 More Individuals for May 9 Riots, Including Imran Khan’s Nephew

  The military court has sentenced 60 more individuals, including Hassan Khan Niazi, the nephew…

7 hours ago
  • Op-Ed

Breaking the Chains of Colonial Bureaucracy

One time, I was sitting with a few senior bureaucrats, and they were continuously blaming…

11 hours ago