ISLAMABAD: The speakers at International Investment Conference have been offered to invest in the agricultural sector as it is the most promising sector for investments.
The conference was organized by the Board of Investment to highlighting the investment opportunities and to urge the foreign investors to explore untapped potential of the country
More than 350 delegations from all over the world including Australia, Bahrain, China, Denmark, France, Finland, Italy, Japan, Korea, Malaysia, the Netherlands, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, Thailand, Turkey, UAE, UK and USA participated in the conference.
On the occasion, Pakistan Agriculture Research Council (C) Chairman Dr Iftikhar said that Pakistan was having about half of its population below the age of 20 with concentration in rural areas.
This is a huge potential and can be utilized for the development of agriculture sector and rural economy. He said that there was a huge potential of investments in livestock industry, particular aquaculture. The PARC Chairman said that Pak-China Trade Corridor also provides vast investment opportunities for the foreign investors to invest in Pakistan.
He said that if proper infrastructure is built, all the citrus of the country can be consumed by Russia and all mangoes by China, however added that the country needs investments to improve infrastructure to ensure value addition of its agriculture products.
He said that almost eight agriculture zones would come in the way of the economic corridor, hence providing an opportunity to boost rural economy as well as local agriculture and horticulture production of those areas. He said that agriculture was sharing 21 in country’s GDP adding that it should be treated as industry to help prompt economic growth.
Other agriculture experts, on the occasion also highlighted various fields where foreign investors can invest four mutual benefit. It is pertinent to mention that the Board of Investment had organized the conference to help foreign investors explore opportunities in the country.
