After the success of first Livestock, Dairy & Fisheries (LDF) exhibition in 2011, the Sindh Board of Investment (SBoI) is going to organise another exhibition 'LDFA 2012' from January 28 to 29 to promote the potential of aforesaid sectors in the province.
This was stated by Muhammad Zubair Motiwala, chairman SBoI along with secretary investment Younus Dagha at a pre-event press conference held at SBoI office here on Thursday. Motiwala said that they had received phenomenal response in first LDF that was attended by over 40,000 visitors and also led to have accomplished the business deals worth Rs 400 million.
Keeping this response in view, the SBoI has now included agriculture sector in the second LDFA, which is going to be held from January 28 to 29 in Karachi. Moreover, he said the main objective of the event is to uplift the life of rural population by bringing urban investments in various agriculture related sectors and added that they are expecting to attract around Rs 1 billion investment in these sectors through this event.
Meanwhile, Younus said the event would bridge the gap between government and the investors for the development of these sectors besides providing a platform to the stakeholders for knowledge sharing. He said this event would definitely help in enhancing the production of exportable products by bringing latest techniques in these sectors.
He said that on the sidelines of the main exhibition and seminar, this event also includes Horse and Cattle Show, Bird Show, Ornamental Fish Exhibition, Dog and Pet Show and Flower Show for the attraction of common visitors.
He said the livestock contributes approximately 54 per cent of the value addition in the agriculture sector and shares 14 per cent of the GDP and added that dairy and livestock sectors have been the mainstay of some progressive economies of the world. Therefore, the SBoI is trying to showcase the potential and opportunities available in these sectors through LDFA 2012.
Replying to a question, he termed the restriction of NOC imposed by the Interior Ministry for foreign investors, as a big challenge for them, saying that SBoI had voiced on this issue before all relevant authorities and now the president took notice on this issue. He hoped that the mandatory requirement of NOC might be withdrawn or the authority may communicate any timeline for the purpose.
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