Skip to main content

Descon aims for greener pastures with the launch of its agricultural division

                   



 

Descon, one of Pakistan’s leading conglomerates, has officially announced its intentions to diversify in to agriculture by setting up adivision called Descon Agri Businesses (DAB). This new venture seeks to innovate and improve upon the existing farm productivity and agriculture value-chain, helping provide the nation with nutritious produces and sustained economic growth.

Over the decades, Descon has led numerous large-scale projects in Construction, Power-generation, Oil-Refining, Chemicals and other diverse economic-sectors, in Pakistan and abroad. Its entry in to the agriculture sector is not entirely without expertise, as the company acquired shareholding in two innovative agriculture-based enterprises – ‘Vital Agri Nutrient’ (VAN) and ‘Vital Green’ (VG) at the start of this year.

VAN is a manufacturer of specialty fertilizers, soil amendments and bio-fertilizers working with farmers and corporate customers to deliver value-added farming solutions. VG provides access to credit, quality-inputs, actionable knowledge, digital tools and market outreach for farmers.

Other initiatives by Descon in this sector include the construction of a state-of-the-art fruit, vegetables, spices and herbs dehydration facility to provide high quality dried products for local and export markets, and a Himalayan Wellness Company, operational since 2019, exporting Himalayan pink salt and high-quality raw honey to the far east and other markets.

“Our entry into this sector seeks to disrupt agriculture value chains through innovative farming techniques, high-quality produce and greater support to the local farmer community.  Our long-term goal is to deliver a sustainable agriculture business, unlocking economic opportunities for the local communities and our partners along the way,” said Descon Vice-Chairman, Faisal Dawood.

Utilizing its expertise in technology and by building potential synergies with agritech companies, Descon seeks to enable a sustainable future in farming leading to an increase in food-security, healthy-living and enrichment of local communities. 

 

Comments

Popular posts from this blog

Huawei and OPPO Sign Global Patent Cross-licensing Agreement

          Huawei and OPPO announced the signing of a global patent cross-licensing agreement, which covers cellular standard essential patents, including 5G. "After more than 20 years of continuous innovation, Huawei has developed multiple high-value patent portfolios in the global marketplace in domains like 5G, Wi-Fi, and audio/video codecs," said Alan Fan, Head of Huawei's Intellectual Property Department. "We are delighted to have reached a cross-licensing agreement with OPPO. The mutual recognition of intellectual property value between companies is a major step towards fostering a positive cycle of innovation and research in high-value standards: investing, receiving returns from investment, and then reinvesting. This will enable our industry to keep innovating and provide consumers with more competitive products and services." "We are very pleased to enter into patent cross-licensing agreement awith Huawei. It clearly demonstrates that the two compan...

CBD Punjab Celebrated Pakistan Resolution Day with Patriotic Fervor

                                                       The Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), proudly commemorated Pakistan Resolution Day with unwavering dedication to the nation's progress. Held at the CBD Punjab headquarters, the ceremony was attended by COO CBD Punjab, Brigadier (R) Mansoor Janjua, directorate heads, senior officials, staff members, and ancillary staff, all united in the spirit of patriotism and national pride. The event began with a flag hoisting ceremony, symbolizing the steadfast commitment to uphold the principles of unity, faith, and discipline, and to strive for the betterment of the country while keeping the national flag flying high. The national flag soaring high served as a powerful symbol of prosperity and sovereignty. Addressin...

From Lahore to Vietnam: Pakistani Sellers Gear Up for Alibaba.com KEL Awards Regional Finale

          Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, today hosted the finale of the Pakistan round of its   Key E-commerce Leader Award s  (KEL Awards) in Lahore to celebrate the exceptional e-commerce sellers of Pakistan. The event showcased the remarkable talents of six top country finalists each delivering insightful presentations that highlighted their achievements and the strategies that fueled their success on the Alibaba.com platform.   The competition concluded with the selection of all six finalists, as Alibaba.com Pakistan Ambassadors for 2024. Tayyub Hussnain from Norwich Streetwear and Muzafar Hussain, from JNM Leather Safety Gloves were honored as Alibaba.com Pakistan Key E-commerce Leaders for 2024 and will represent Pakistan in the KEL Awards Regional Finale, set to take place in Vietnam later this year. Additionally, today’s event in Pakistan featured a People's Choice Award for 2024, with Tay...