Karachi, May 26, 2015 (PPI-OT): Director General, SBI Muhammad Riazuddin said that under the vision and guidance of Dr. Asif A. Borhi, Chairman Sindh Board of Investment, SBI is organizing 5th edition of Livestock Dairy Fisheries Agriculture Exhibition 2015 in collaboration with Agriculture and Livestock Department Government of Sindh. This he said while holding a press briefing at SBI office on Tuesday.
He said that LDFA 2015 is more focused to target corporate sector, technological solutions, growers/farmers, investors, diplomatic missions, ambassadors etc. We assure our best dedicated efforts to make LDFA 2015 a memorable and commendable success.
We all are aware that a large proportion of Pakistan’s and Sindh’s Economy is directly and indirectly linked with the agriculture sector. It provides 45% of employment to our labour force and contributes 21% in GDP of the country more recently as per the Economic Survey of Pakistan 2013-14. I want to reiterate the Government of Sindh’s resolve to promote and boost investment in agriculture and livestock sectors which are the back bone of Sindh’s agriculture based economy.
Sindh produces a variety of field and horticultural crops. Major Field crops are wheat, rice, sugarcane, and cotton; approximately 68% of the total cropped area is used for their production. The total output in Pakistan, Sindh produces 35% of the rice, 28% of sugarcane, 12% of wheat, and 20% of the cotton. Major horticulture crops are mangoes, bananas and chillies.
Of the total output, Sindh produces 88% of chillies, 73% of bananas, and 34% of the mangoes. Sindh also has cultivable land under usage for fodder, pulses, condiments, oilseeds, fruits and vegetables. Rice is the leading kharif crop. Rice production offers an important source of employment and income in rural areas. In Sindh the IRRI type long grain heat tolerant tropical rice is grown.
Rice is grown mostly on the west bank of the Indus. Extreme weather in the summer is perfectly suited to this type of rice. Cotton is the leading cash crop of Sindh. In fact, cotton cultivation in Sindh dates as far back as 5,000 years ago to the Indus Valley Civilization. It is also very important to note that the alternate crops like maize, pulses are also important features of the agriculture economy of Sindh, and we have resolved to promote alternate crops.
Pakistan livestock and dairy sector is the backbone of agrarian economy. Annual demand for milk is increasing by 10-20%, whereas the milk production is growing approximately 4% per annum only. Pakistan is 4th largest milk producing country in the World; however, the fact is that 40,000 tons of dry milk is being imported into Pakistan annually, equivalent to 320,000 tons of fresh liquid milk.
Government of Sindh is committed to promote dairy sector not only for food security but also to improve value addition and value chain. Keeping in view the agriculture, livestock, dairy potential of Sindh, I would like to briefly elaborate the objectives of LDFA 2015; LDFA is a platform and an event to position Sindh as an economically viable province by identifying the areas/locations for investment in LDFA sectors.
Taking into consideration the agriculture business promotion in Sindh 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.
To realize the importance of LDFA 2015, let me mention here some keys facts about the companies, exhibitors participating in this year in the exhibition that are 24 exhibitors promoting exotic birds, 21 agriculture companies, 14 international companies and banks , 14 companies of Dairy and livestock , 9 companies in poultry and fisheries and 2 diplomatic missions. Besides, number of foreign investors, foreign companies, and international agriculture experts are expected to participate in LDFA 2015.
For more information, contact:
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