Italy expresses strong interest in investing in Pakistan’s livestock and dairy sectors, particularly in Punjab, focusing on project development and enhanced cooperation across various industries.
In a notable diplomatic and economic development, Italy has expressed a strong interest in investing in Pakistan’s livestock and dairy sectors, particularly focusing on the Punjab province. This announcement emerged from a high-level meeting on October 26, 2024, between Punjab Chief Minister Maryam Nawaz Sharif and Italian Ambassador Marilina Armellin.
The Italian initiative outlines several key areas for collaboration, including:
- Development of livestock and dairy projects
- Expansion of olive cultivation in the Chakwal region
- Enhanced cooperation in tourism, textile, and leather industries
- Cultural exchange programs between Italy and Pakistan
During the meeting, both leaders discussed various sectors for bilateral cooperation, which also include tourism development, enhancement of the textile industry, production of leather goods, and manufacturing of marble and carpets.
“Pakistan seeks to enhance cooperation across all sectors with Italy,”
Chief Minister Maryam Nawaz Sharif
Underscoring the government’s commitment to providing comprehensive support to Italian investors interested in these industries.
Ambassador Armellin expressed confidence in the partnership, assuring that Italy would implement a comprehensive policy to simplify the visa process, thereby strengthening cooperation in tourism, culture, and trade between the two nations. She praised Punjab’s hospitality sector and the ongoing development initiatives, indicating a promising potential for further investment in these areas.
This renewed interest from Italy signals a positive outlook for Pakistan’s dairy and agricultural sectors, potentially leading to significant economic benefits for the region.
