Deal Idea, 27 Mar 2012: Pakistan, on an average, produces over 20 million tones of wheat, 50 million tones of sugarcane, and is one of the leading producers of orange varieties and rice in the world. It is also the fifth largest producer of milk having the world third largest herd of animals, approximately 50 million dairy animals. It ranks in the top five producers of the world in mangoes and dates. These crops contribute directly or indirectly more than 70% of total national exports.
Recently, there has been an increasing trend of international investment companies and local conglomerates and interests from various countries to invest in agriculture in Pakistan. Indus Basin Holdings projects that investment in Pakistan agriculture sector will yield returns of 10, 20, 40 times the initial investments. Nestle, the Swiss conglomerate, recently announced that it will be investing over USD 300 million in Pakistan dairy sector, Saudi Pak Industrial and Agriculture Investment Company Limited has reached Rs10 billion in different sectors of the economy in the country, Netherlands has shown interest for investment in the agriculture and food processing sectors, Pakistan and Turkey signed three Memorandum of Understanding to promote and encourage their private sectors to establish proprietary enterprises and joint ventures with an objective of encouraging investment in fruit and food processing, commercial production of olives, corporate livestock farming, dairy industry, fisheries, poultry farming, cold storage facilities, commercial production of seeds and nurseries and commercial production of flowers, spices and medicinal herbs and their marketing.
International food prices are projected to increase by 100% in the next 10 years and food security is on top of the list of GCC and other countries which bids well for an agriculture based country like Pakistan.
Sources;
1. http://tribune.com.pk/story/280472/agriculture-investments-the-smart-money-is-betting-on-the-pakistani-farm/
2. http://www.pakistantoday.com.pk/2011/08/28/news/profit/saudi-pak-industrial-and-agriculture-investment-company-invests-rs10b/
3. http://www.pakistantoday.com.pk/2012/03/02/news/profit/netherlands-shows-interest-in-agriculture-food-processing-investment/
4. http://www.defence.pk/forums/economy-development/52594-pakistan-turkey-sign-mous-economic-cooperation-agriculture-investment.html
5. http://www.csrpk.com/?q=node/68
Recently, there has been an increasing trend of international investment companies and local conglomerates and interests from various countries to invest in agriculture in Pakistan. Indus Basin Holdings projects that investment in Pakistan agriculture sector will yield returns of 10, 20, 40 times the initial investments. Nestle, the Swiss conglomerate, recently announced that it will be investing over USD 300 million in Pakistan dairy sector, Saudi Pak Industrial and Agriculture Investment Company Limited has reached Rs10 billion in different sectors of the economy in the country, Netherlands has shown interest for investment in the agriculture and food processing sectors, Pakistan and Turkey signed three Memorandum of Understanding to promote and encourage their private sectors to establish proprietary enterprises and joint ventures with an objective of encouraging investment in fruit and food processing, commercial production of olives, corporate livestock farming, dairy industry, fisheries, poultry farming, cold storage facilities, commercial production of seeds and nurseries and commercial production of flowers, spices and medicinal herbs and their marketing.
International food prices are projected to increase by 100% in the next 10 years and food security is on top of the list of GCC and other countries which bids well for an agriculture based country like Pakistan.
Sources;
1. http://tribune.com.pk/story/280472/agriculture-investments-the-smart-money-is-betting-on-the-pakistani-farm/
2. http://www.pakistantoday.com.pk/2011/08/28/news/profit/saudi-pak-industrial-and-agriculture-investment-company-invests-rs10b/
3. http://www.pakistantoday.com.pk/2012/03/02/news/profit/netherlands-shows-interest-in-agriculture-food-processing-investment/
4. http://www.defence.pk/forums/economy-development/52594-pakistan-turkey-sign-mous-economic-cooperation-agriculture-investment.html
5. http://www.csrpk.com/?q=node/68
