FPCCI invites foreign investors to invest in agriculture sector

ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry Zubair here on Tuesday called upon the foreign investors for investing in local agriculture sector as it has a huge potential for investment in different sub-sectors.

President FPCCI Zubair Tufail said that Pakistan offers huge opportunities to foreign investors in the agriculture sector that include crops, seeds, livestock, farming, and processing.

Foreign investors could generate handsome profits by investing in Pakistan and export their products to Iran, Afghanistan, Middle East, Central Asia, EU, US and many other countries, he said.

He stated this while talking to different delegations of businessmen representing various countries at the side-lines of WTO forum in Geneva, said a press release.

He invited them to invest in lucrative Pakistani market which will also result in improved per acre yield, build up the resilience of crops and enhance the standard of living of the farming communities.

FPCCI head informed the delegates about the investment opportunities in Pakistan, supportive rules and regulations, government’s interest in foreign investment, assistance offered to investors, and excellent climate for such ventures.

He said that many Chinese entrepreneurs have started efforts to set up agriculture farms and factories in Pakistan.

Chinese are also establishing a silk factory in Pakistan which will create thousands of jobs and it would make our country self-sufficient in the silk production, he added.

Zubair Tufail told them that Pakistani Government is investing in water storage and distribution, improving regulation of seed markets, offering incentives to encourage private investment in this critical sector and taking steps to reduce the cost of production for the farmers.