AGL 38.16 Decreased By ▼ -0.06 (-0.16%)
AIRLINK 134.19 Increased By ▲ 5.22 (4.05%)
BOP 8.85 Increased By ▲ 1.00 (12.74%)
CNERGY 4.69 Increased By ▲ 0.03 (0.64%)
DCL 8.67 Increased By ▲ 0.35 (4.21%)
DFML 39.78 Increased By ▲ 0.84 (2.16%)
DGKC 85.15 Increased By ▲ 3.21 (3.92%)
FCCL 34.90 Increased By ▲ 1.48 (4.43%)
FFBL 75.60 Decreased By ▼ -0.11 (-0.15%)
FFL 12.74 Decreased By ▼ -0.08 (-0.62%)
HUBC 109.45 Decreased By ▼ -0.91 (-0.82%)
HUMNL 14.10 Increased By ▲ 0.09 (0.64%)
KEL 5.40 Increased By ▲ 0.25 (4.85%)
KOSM 7.75 Increased By ▲ 0.08 (1.04%)
MLCF 41.37 Increased By ▲ 1.57 (3.94%)
NBP 69.70 Decreased By ▼ -2.62 (-3.62%)
OGDC 193.62 Increased By ▲ 5.33 (2.83%)
PAEL 26.21 Increased By ▲ 0.58 (2.26%)
PIBTL 7.42 Increased By ▲ 0.05 (0.68%)
PPL 163.85 Increased By ▲ 11.18 (7.32%)
PRL 26.36 Increased By ▲ 0.97 (3.82%)
PTC 19.47 Increased By ▲ 1.77 (10%)
SEARL 84.40 Increased By ▲ 1.98 (2.4%)
TELE 7.99 Increased By ▲ 0.40 (5.27%)
TOMCL 34.05 Increased By ▲ 1.48 (4.54%)
TPLP 8.72 Increased By ▲ 0.30 (3.56%)
TREET 17.18 Increased By ▲ 0.40 (2.38%)
TRG 61.00 Increased By ▲ 4.96 (8.85%)
UNITY 28.96 Increased By ▲ 0.18 (0.63%)
WTL 1.37 Increased By ▲ 0.02 (1.48%)
BR100 10,786 Increased By 127.6 (1.2%)
BR30 32,266 Increased By 934.6 (2.98%)
KSE100 100,083 Increased By 813.5 (0.82%)
KSE30 31,193 Increased By 160.9 (0.52%)

Lahore Chamber of Commerce and Industry's Standing Committee on Halal Meat's Convener Nasib Ahmad Saifi urged the government to exempt the meat processing industry from electricity load shedding to help it play its role in making Pakistan an outstanding name in the ever increasing international halal food market.
'Pakistan, being a Muslim and an agricultural country has the potential to assume leadership role in global halal food market by following proper strategies, policies and practices,' Saifi added in a press statement issued here on Tuesday. Saifi, who is the Chief Executive M/s Anis Associates (Pvt) Limited and an exporter of halal food products, said that halal products are moving into mainstream business and their demand is steadily increasing.
"Halal products are now seen as a potential engine of economic growth with an annual turnover of hundreds of billions of dollars globally," he added. Saifi said that Pakistan is blessed with all seasons, fertile land and 48 percent dedicated agricultural work force.
Saifi said Pakistan could easily increase halal meat products' exports up to $5 billion. "One of the major problems faced by halal meat processors and exporters is gas and electricity load shedding. He said that Industry is facing a power closure of 12 to 14 hours per day and as a result of non-availability of gas, it is forced to keep the wheel moving on diesel generators. However, this adds to their cost consequently leading to be competitive in the international market. He regretted that India, China and other such countries are continuously capturing the international halal market despite being non-Muslim countries and Pakistani industry is not able to compete with them due to different issues including load shedding, high sea and air freights, high transport cost, etc. If gas and electricity are provided to them without any hindrance they can bring much more precious foreign exchange for the country," he added.

Copyright Business Recorder, 2012

Comments

Comments are closed.