infrazamin

Sunridge Agri-Infrastructure Sukuk

PCG BENEFICIARY: Various Capital Market Participants TENOR: 5 Years

InfraZamin Pakistan has partnered with Sunridge Foods Limited, a subsidiary of Unity Foods Limited, to structure and support the launch of a PKR 2 billion Agri-Infrastructure Sukuk — a Shariah-compliant financing instrument. Backed by InfraZamin’s full credit guarantee and AAA long-term credit rating, the Sukuk offers investors enhanced confidence through complete principal protection, marking a significant step in mobilizing private capital for sustainable agri-based development in Pakistan.

 

Project Impact:

The proceeds from the Sukuk are being utilized to fund Sunridge Foods’ Balancing, Modernization, and Replacement (BMR) program. This includes:

  • Upgrading production facilities with high-efficiency, sustainable technologies
  • Installation of renewable energy solutions, including 1 MW wind turbines and a 0.5 MW solar plant
  • Construction of silos and warehouses to expand agri-produce storage capacity
  • Strengthening wheat and rice processing facilities in Karachi and Lahore, supporting working capital and increasing the production of staple food items

 

Alignment with UN Sustainable Development Goals (SDGs):

This initiative contributes directly to several United Nations SDGs:

  • SDG 2 – Zero Hunger: Enhancing food security through increased staple food production
  • SDG 5 – Gender Equality: Supporting inclusive growth and workforce participation
  • SDG 7 – Affordable & Clean Energy: Integrating renewable energy in agri-processing
  • SDG 9 – Industry, Innovation & Infrastructure: Modernizing agri-infrastructure for long-term resilience

 

Long-Term Benefits:

This Agri-Infrastructure Sukuk represents a pioneering step toward transforming Pakistan’s agricultural sector. By integrating sustainable infrastructure, boosting food production capacity, and supporting renewable energy, the project contributes meaningfully to national food security and environmental sustainability.

Impact:

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5
Executed Transactions
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PKR 8,025M
Guarantees Issued
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PKR 8,600M
Private Capital Mobilised
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6,805+
Direct Jobs Created
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6,805+
Direct Jobs Created

SDG's