Karachi, October 02, 2023 (PPI-OT): Unity Plantations (Private) Limited [a wholly owned subsidiary of Sunridge Foods (Private) Limited, which in turn is a wholly owned subsidiary of Unity Foods Limited, hereinafter collectively referred to as Unity Group] and Green Corporate Initiative (Private) Limited are proud to announce a ground-breaking Master Collaboration Agreement that is set to reshape Pakistan's agriculture and livestock sector, bolstering food security and promoting sustainable development.
This strategic partnership is dedicated to addressing critical challenges within Pakistan's agricultural landscape, with a sharp focus on enhancing food security, reducing reliance on imports, elevating seed productivity, preserving the nation's rich biodiversity by establishing a complete eco system and developing integrated supply chain within and outside Pakistan.
Unity Group, will be leveraging modern technologies, international networks, technical prowess, its existing state of the art processing facilities, and substantial financial resources, for spearheading efforts to cultivate corporate farms and livestock. This ambitious endeavour will encompass a minimum of 75,000 acres of designated land, and utilization of the produce by establishing and further enhancing the operations of its processing facilities and related infrastructure to enrich the value of agricultural and livestock products.
Mr. Amir Shehzad, the Executive Director of Unity Foods, expressed his enthusiasm for this transformative partnership, stating, "We are thrilled to embark on this significant collaboration with Green Corporate Initiative, which will play a pivotal role in strengthening food security and advancing sustainable agriculture in Pakistan. Unity Group is fully committed to being at the forefront of this transformative journey."
Green Corporate Initiative, led by its Director, Mr. Muhammad Yousaf Majoka, shares the excitement for this partnership and its potential to drive positive change in Pakistan's agriculture sector. Mr. Majoka commented, "This collaboration represents a strategic alliance with a clear mission to drive progress in Pakistan's agriculture. By working together, we aspire to achieve enduring positive impacts on the nation's food security and related developmental goals."
The signing of the Master Collaboration Agreement signifies the unwavering commitment of both Unity Plantations and Green Corporate Initiative to the sustainable development of Pakistan's agriculture and livestock sector. This agreement was drafted and structured by SR Law. It marks a significant milestone in their shared mission to contribute to the growth and prosperity of the nation.
This partnership embodies the spirit of collaboration and innovation, and both organizations are eager to bring their collective expertise to bear on the challenges facing Pakistan's agriculture and livestock industries. With a united vision and shared determination, Unity Plantations and Green Corporate Initiative are set to usher in a new era of sustainability and prosperity for Pakistan.
For more information, contact:
Unity Foods Limited (UFL)
Unity Tower, 8 C, Block-6,
P.E.C.H.S, Karachi 75400, Pakistan
Tel: +92-21-34373605-7, +92-21-34373608