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Pakistan Edible Oil Conference (PEOC) has now become a regular feature and a great name in the calendar of organizing Edible Oil Conferences all over the World. It indeed gives me great satisfaction being part of the Organizing Committee for holding 5th PEOC consequently.

Pakistan Edible Oil Industry has seen enormous growth in the last one decade and now we are importing around 3.00 million tons of Edible Oils per annum which makes us third largest importer of Edible Oils after China and India. While Pakistan remains a very important market for the import of Edible Oils, we were lacking due recognition. I am indeed glad to point out that PEOC has given due recognition to the Pakistan Market which we truly deserve.

Our logistics to import Edible Oils are best in the region as not only do we have dedicated Edible Oil Jetty to handle Edible Oil tankers but we also have storage capacity of handling around 500,000 M tons of Edible Oils at Pakistan Ports. Our Ports namely Karachi Port and Port Qasim are extremely efficient and we can compare these ports with any ports of the World.

The integrity ratio of doing Edible Oil business in Pakistan is excellent and we have great image in the global markets. All these positive attributes were needed to be highlighted and PEOC provided us the platform to highlight these attributes.

The Edible Oil Industry in Pakistan has now entered in creating value addition by putting up Continuous Refining Plants which not only gives us best quality but also bring Pakistan into the map of Continuous Refining. The Edible Oil Industry has also embarked in promoting branded oil and we now have several brands that not only produce excellent quality but also gained great image for the country.

PEOC will always remain indebted to our supporting organizations like Malaysian Palm Oil Council (MPOC), Malaysian Palm Oil Board (MPOB) and GabunganPengusahaKelapaSawit Indonesia (GAPKI) Indonesian Palm Oil Association (IPOA) who are not only supporting PEOC but also help us to recognize the significance of Pakistan market.

I am extremely grateful to Pakistan Vanaspati Manufacturers Association (PVMA), Pakistan Edible Oil Refiners Association (PEORA) and Pakistan Soap Manufacturers Association (PSMA) as the stakeholders of PEOC and their continuous support.

Last but not the least, credit goes to all our foreign Speakers who come all the way to give their valuable / informative presentations which help our industry to understand the global markets and take their decisions accordingly for their industries.

I wish Pakistan Edible Oil Conference (PEOC) to keep on growing year by year and continue to allow Pakistan to be recognized and appreciated on a global level.

Copyright Business Recorder, 2020

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