For the first time ever, Pakistan will be exporting beef to China in the near future.
Organic Meat is a local public listed company that got approval and registration by Chinese customs authorities to export heat-treated beef to the People’s Republic of China.
According to Pakistan Stock Exchange (PSX), the Organic Meat company has new heat machines that kill bacteria and root out the virus from the meat, which is a mandatory process for meat products.
The export of meat and meat products by Pakistani companies is gradually increasing due to their adoption of new technologies.
Due to the adoption of new technologies, several Pakistani companies have started exports to different regions, including Gulf countries (GCC) like the UAE, Saudi Arabia, Kuwait, and Bahrain.
Last year, two Pakistani companies had received approval from the concerned Malaysian authorities to export meat and meat products to Malaysia.
According to the Pakistan Bureau of Statistics (PBS), meat exports have maintained a growth of 12 per cent year-on-year. The exports surged to $216 million from July to February during the financial year 2020-21, in comparison to $210 million recorded in the previous financial year.
The consistent growth of exports to both the traditional and new emerging markets will also attract new investments in the local companies and the area of livestock.
Organic Meat won an export deal of supplying meat to markets in Saudi Arabia. The company also claims that their new system will enable them to export.
The company was listed with the PSX last year for raising of funds, which resulted in the expansion of its operations and businesses.