Pak­istan run­ning out of milk

Enterprise - - News -

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.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.