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White revolution milk strategy 2015' explained
Friday, November-30-2007

LAHORE (November 30 2007): The first ever "Middle East Pakistan" Agriculture and Dairy Investment Forum held at the Royal Palm here on Thursday. The MAP Services Group organised the forum. Representatives from GCC countries were also present.

Alexander Cantacuzene SEVP Nestle Middle East addressed the occasion, representatives of Abraaj Capital Ltd of UAE, Al Rabi of Saudi Arabia, Ulker Group, Pinar Group of Turkey and other dignitaries also addressed the forum. Huma Fakhar, MD MAP Services Group the organisers of the forum explained Pakistan's White Revolution Milk Strategy 2015. She said Pakistan was the land of opportunities for foreign investors, especially for the dairy and livestock sector and agriculture.

In appreciation of efforts to drive and implement Pakistan's White Revolution, MAP Services Group awarded Jehangir Khan Tareen for transforming the dairy sector from a rural based activity into a dairy industry.

Awards were also presented to sponsors DFID, J S Bank, Tetra Pak, Engro Chemicals, Delaval, Meezan Bank and CNBC.

Among the speakers were key companies like Nestle, Engro, Tetra Pak, Delaval, Nirala, MAKRO, METRO, BMA Capital, PHDB, Pinar Group and Pak-Kuwait.

Pakistan was listed as one of major emerging markets in the world economy, placing the country on a list of 25 countries displaying continued moderate to strong growth over a sustained period of time.

Morgan Stanley in its June 2006 economic Survey reported about Pakistan. "Its economy has been growing quickly in recent periods and corporate direct investors have taken notice." A comparative analysis of regional growth rates by the World Development Indicator shows Pakistan the agri-sector growth of 4.6% second only to China's 0%. India and Malaysia have grown at 3.0% and 3.1%. Pakistan is the world's largest producer of kinnow (oranges) variety.

It is also the fifth largest producer of milk having the world's third largest herd of animals. It ranks in the top producers of the world in mangoes and dates. Additionally, the potential in rops like cotton, rice, wheat and sugar has earned directly or indirectly more than70% of total national exports.

Courtesy Business Recorder

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