The conference highlights challenges being faced by agribusinesses in the country
LAHORE: Agriculture is pivotal for national economy and its digitalisation will play an important role in pushing the sector forward, said Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) President SM Naveed during a video conference held with Chinese industrialists to highlight striking prospects of the agriculture sector in Pakistan.
Relief measures for agriculture continue
Training Pakistan Limited Director Business Development Faraz Shafiq, while giving his presentation, apprised conference participants of his organisation that imparted skills to progressive, non-traditional agribusinesses and reviewed the underlying challenges faced by agribusinesses in production process.
Agriculture registers 13-year high growth
He spoke about the challenges encountered by the industry and briefed that the industry lacked modern and up-to-date technology, which was needed to meet agricultural demand.
To help support the business matchmaking session, Shafiq was connected with a group of over 200 Chinese counterparts who engaged in detailed correspondence for future ventures.
It was also noted during the conference that steel foundries in China were shutting down at an alarming pace due to increasing pollution.
Pakistan’s agriculture productivity among the lowest in the world
Considering this, Director Guard Filter Shahrukh Malik was asked by Chinese peers to initiate the manufacturing of steel products in Pakistan by relocating modern technological tools from China to Pakistan.
Published in The Express Tribune, May 29th, 2018.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.