BoI plans to boost dairy investment

Karachi: The Board of Investment (BoI) is taking steps to boost investment in dairy farming sector.

This was stated by BoI director general Arif Elahi while presiding over a meeting at the BoI in Karachi. The meeting was attended by BoI investment adviser Mehboob Haq, State Bank of Pakistan director Mohammad Ashraf, Zarai Taraqiati Bank senior vice-president Mohammad Mansha, Smeda’s provincial chief, and DG fisheries department.

He said that Pakistan was one of the 10 major milk producing countries of the world but unfortunately it had almost no share in the world dairy market.

He said that a two-day seminar will be held in May to discuss ways to develop the dairy farming sector. It will provide knowledge on various techniques to boost dairy farming, including making investment and installation of latest machinery.

The meeting called for devising a long-term policy to get access to the world dairy market. It also stressed the need to form a joint group so as to boost ties among the provincial and the federal governments and the private sector.