Fatima Group inks MoUs with Chinese Companies for the cooperation on modern Agricultural technologies and techniques
During the recent Pak-China Agricultural Cooperation Forum 2019, Pakistani business company Fatima Group inked a crucial Memorandum of Understanding (MoU) with renowned Chinese companies, i.e. China Machinery Engineering Cooperation (CMEC) and Xinjiang Tianye Group. The CMEC has specialised in construction and engineering while the latter is known for high efficient irrigation and water-saving drip irrigation technologies. President of Pakistan, Arif Alvi and Chinese Envoy Yao Jing graced the forum's ceremony. The agreement is earmarked to share top-notch agricultural technologies and techniques. The MoU is aimed to maximise Pakistan's agrarian output by adopting modern methods and the latest irrigation technologies. Senior management official at Fatima Group expressed his views that with this agreement, the advance irrigation techniques and technologies would become accessible to the local Pakistani farmers.
The Fatima Group signed a strategic Memorandum of Understanding (MoU) with renowned Chinese companies, China Machinery Engineering Cooperation (CMEC), specialised in construction and engineering and Xinjiang Tianye Group, a leading Chinese enterprise specialised in high efficient irrigation and water saving drip irrigation technologies at the ‘Pak-China Agricultural Cooperation Forum’, held in Islamabad on October 30.
The high profile Forum was graced by President Dr. Arif Alvi and the Chinese Ambassador to Pakistan Yao Jing, as well as top ranking government officials from both sides and heads of leading private sector companies from both countries working in the field of agriculture. The event marked a mutual understanding amongst leading agri-based companies from Pakistan and China to promote bilateral cooperation with each other in the field of agriculture and to boost mutual ties and partnerships, to maximise Pakistan’s agricultural output through modernization of agriculture infrastructure and associated technical capabilities, with the adoption of latest irrigation technologies and farming methods.
Speaking about the MoU signing, Senior management official at Fatima Group stated, “This MoU has laid the foundation for establishing close collaboration and technology transfer of modern agri-technologies and production processes to Pakistan. It not only aims to bring latest irrigation techniques and technologies within the reach of local Pakistani farmers, but to also improve their overall yield productivity and most importantly to protect our precious natural resource being water to be used more efficiently for irrigation purpose.”
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