MULTAN: Louis Dreyfus Company (LDC) has inaugurated a new grain storage facility in Multan, marking its first owned industrial site in Pakistan and adding approximately 40,000 metric tonnes of storage capacity in South Punjab.
The facility is expected to strengthen LDC’s logistics capabilities in Pakistan and support the company’s grain supply operations in the country and wider South Asian region.
“Pakistan is an important market for grains and a key destination for LDC in South Asia,” said Rubens Marques, LDC’s Head of South & Southeast Asia. He said the investment would strengthen the company’s presence in the domestic market and enhance its ability to respond to changing customer requirements in the region.
Pakistan is one of South Asia’s major agricultural markets and among the world’s largest producers and consumers of wheat. The country’s grain demand is supported by a population of more than 250 million.
LDC has operated in Pakistan since 2010 and has developed business activities across cotton, grains, oilseeds, pulses, rice and sugar, including wheat.
Muhammad Danyal, LDC’s Country Head for Pakistan and Head of Grains & Oilseeds for Pakistan, said Pakistan’s agricultural base and rising demand for grains continued to create opportunities for the company.
He said investment in logistics infrastructure would improve services for suppliers and customers, support more efficient and resilient supply chains and contribute to local employment as Pakistan’s grains sector develops.
Founded in 1851, Louis Dreyfus Company is an agricultural commodities merchant and processor operating across the global value chain. The company says it is active in more than 100 countries and employs more than 20,000 people worldwide.