Pakistan running out of milk
Annual demand for milk is increasing by 10-20 percent, whereas the milk production is growing approximately 4% per annum which shows a big shortage in the country for nutrition requirement, Abrar Sheikh, director administration Sindh Board of Investment, said this while briefing media about the Livestock, Dairy, Fisheries, Poultry, Agriculture Exhibition and Seminar.
Pakistan is largest milk producing country in the world, but 40,000 tonnes of dry milk is being imported into Pakistan annually, equivalent to 320,000 tonnes of fresh liquid milk, he said, adding that the Government of Sindh is committed to promoting dairy sector not only for food security but also to improve value addition and value chain.
LDFA-2015 will be held at Expo Centre Karachi on 30-31 May. Mehboobul Haq, managing director, Sindh Enterprise Development Fund, Riazuddin, DG SBI and representatives of other govt departments were also present. He said that the last four LDFAs cumulatively materialized business commercial deals amounting to Rs 1 billion and boosted up the agrarian economy of Sindh.
This year, LDFA is expected to attract a lot more participants and visitors including diplomats, foreign and domestic businessmen and investors, banking and investment professionals, representatives of federal and provincial government ministries and departments.
Besides, number of foreign investors, foreign companies, international agriculture experts are expected to participate in LDFA 2015.
He added further that 24 exhibitors are promoting exotic birds, 21 agriculture companies, 14 international companies and banks; 14 companies of Dairy and livestock, 9 companies in poultry and fisheries and two diplomatic missions are actively participating in LDFA 2015.
While highlighting the objectives of LDFA 2015, he said it would provide a platform to showcase products and services in a single place. It will also position Sindh as an economically viable province by identifying the areas locations for investment in LDFA sectors. Moreover, it will engage the financial institutions and investors for the establishment and promotion of agriculture sectors and will give confidence to the foreign and local investors.
The purpose of the event is to highlight investment opportunities in agriculture sectors of Sindh and to produce exportable surplus by bringing in efficiency and technology in the entire value chain of these sectors.