@ Musafar
Apart from olive oil importance, let me tell you first about the remainder (Khal) after rolling out olives for the oil extraction. This Khal is very rich in heat if you burn it in the fire place. It can give heat for at least 24 hours non-stop and could prove as very much demanded commodity in Pakistan’s upper areas in sub-zero temperature environments.
You need both male and female trees to get the good olive production.
As you know Olive oil is totally free from the Cholesterol and very good for so many other health benefits.
Potohar region is declared as one of the best places for the olive farming. A friend of mine, working in Mian Munsha power plant in Lahore, told me that Mian Munsha and other big boys are buying lands for the olive farming.
The land cost is very much variable.
In Attock district, it starts from PKRs. 50K to 1 lac for one Kanal. If you take “Mumlikn & Ghair Mumkin” together, you may end up paying way less for a big buyout.
For a family of five, a total no of 5 trees are more than enough for your whole kitchen demand.
The virgin pass from the crushing machine does cost like fortune and will sell like hot cakes.
This industry is just fledgling in Pakistan and the pioneers will be the winners.
Having said that: It needs expertise and experience for olive farming.