Olive Cultivation to make Pakistan Self-Sufficient in Edible Oil

Dr. Muhammad Naeem, Assistant Professor Economics, University of Swabi said that olive cultivation was a profitable business in world and about $3.6 billion, which normally Pakistan spends on import of olive oil every year, could be saved by promoting olive farming.

To capitalize on the good work of the project, Federal Government had launched “Promotion of Olive Trees Cultivation on Commercial Scale” Project worth Rs 2.3 billion in 2015 to increase production of edible oil. He said that new orchards on about 13,264 acres were raised and wild olive grafting in over 470,000 plants achieved besides grafting in about 500,000 wild olive and raising of orchards on 12,000 acres. Eight certification laboratories would be established while a Pak Olive Company to be raised to ensure stability in its business, he added.

Original Link: https://nation.com.pk/26-Apr-2021/olive-cultivation-to-make-pakistan-self-sufficient-in-edible-oil?version=amp