Government to launch new agriculture investment projects

07 Apr, 2008

Punjab government is preparing a strategy to promote a long-term programme for Agricultural Market Infrastructure Development and to launch new agriculture investment projects.
According to official sources, Asian Development Bank is negotiation with the new government for financing the establishment of commodity market infrastructure, cold chain logistic centres, dairy development and agro-industrial parts.
According to official sources, Punjab government has already prepared a plan to associate supporting regulatory and institutional reforms. New strategy will focus on (i) an assessment of agricultural commodity marketing infrastructure and systems, encompassing existing market infrastructure, future growth and demand, and will include sector planning work; and (ii) the role of key private sector agents and companies and their value chain operating modalities, feasible options, including innovative approaches for private sector partnerships and financing of public private partnerships and investment prioritisation criteria.

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