The Organic Meat Company Limited (TOMCL) has achieved a historic feat by becoming the first company from South Asia to export Cooked/Heat Treated Frozen Beef meat products to the People’s Republic of China, the company said in a notice to the Pakistan Stock Exchange (PSX) on Monday.
China is the world’s largest meat importer, with an import of approximately 3.10 million metric tonnes of beef and mutton in 2022. TOMCL has secured this opportunity after being one of only two companies awarded a license for exporting cooked beef meat products to China from South Asia, the company’s notice read.
This breakthrough is not only a success for TOMCL but also a sign of new possibilities for expanding exports to mainland China. The company said that they expect a significant increase in export volumes and revenues.
Earlier, the Board of Directors (BoD) of TOMCL approved an expansion plan for production facilities with an investment of Rs600 million.
The company said that the expansion will enable it to broaden its business presence for current and future boneless frozen, heat-treated, and cooked frozen beef export orders.
The targeted international markets include the United Arab Emirates, Saudi Arabia, Central Independent States (CIS), Iraq, and China.
Good. This, however, also means that no quality beef will be available to the local consumers because all the good stuff will be exported. Let us see how far these exports go.
Being Aam Aadmi and talking about quality ???But I like the negativity.😂
Export of beef to China will be very nice. It will boost export and create job opportunities. What about enhancing production of cow? I have read in an article that someone in Karachi don’t waste single item of cow like flesh of cow head, stomach etc. In this way incomes are enhanced and cost of meat can be reduced. Army has a lot of live stock farms. May be raising of cows on modern lines will increase cow meat production/exports. Let us focus on that and shift from housing projects to exports.
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It is best sign of export our items but keep in mind as Onions are exporting to Middle East & others may be but today ratailer market Rs. 150 perkg,
It means export every items but local people & needy persons hungry or corrupt, greedy & Hypocrist during his services in offices, businesses, low product in factories, so many negative factors involve.
So advice to control export to feed 1st own public then foriegn petsons/countries.
Others vise people bad Du’a from specially needy & poor. Rate of dollars high & mostly people angry from two years as PDM governments.
Export culture must be promoted for the stability of our economy. Every single step in this regard must be appreciated 👍
Faisal Hussain and TOMCL are doing a good job, we are proud that these people are making the name of Pakistan bright in the world.