Pakistan Carium Healthcare Innovation Co., Ltd has inked an MoU with Anhui Annongda Agricultural Science and Technology Co., Ltd earlier this month, marking the beginning of a collaborative venture aimed at establishing a China-Pakistan Special Agricultural Industrial Park.
This partnership focuses on research and development in essential oil extraction, along with the cultivation of plants and herbs rich in essential oils and traditional medicinal properties.
As part of the initiative, the two companies will cultivate stevia, Japanese mint and sweet potatoes, with the first batch of crops in the Park for the extraction of essential oils destined for the pharmaceutical industry.
They also plan to establish a cutting-edge research laboratory specializing in advanced cell and tissue culture techniques. The facility will serve as a hub for the propagation of new plant varieties, fruits and vegetables.
