Latest News
Agro-industrial cooperation gains momentum under CPEC
Last Updated: 2020-10-16 14:58 | Gwadar Pro
 Save  Print   E-mail

by Fatima Javed

ISLAMABAD, Oct. 16 (Gwadar Pro) - Agro-industrial cooperation is an important area of focus under China-Pakistan Economic Corridor (CPEC) phase II, in which China announced to make 8 new agricultural institutes in Pakistan.

It will be led by the private sector, facilitated by both governments. In this area, the Chinese private sector will form joint ventures with Pakistani companies. The leading research center focusing on pest control will be in Karachi. The research will be done on insects and pests and how to protect seeds and plants from these pests.

Both countries agreed to work together to produce high-quality inputs, especially seeds, which are direly needed in Pakistan. The quality of the seed is the foremost priority for healthy production. Therefore, to improve the seed quality, another research institute will be established from where quality seeds will be provided to the farmers. Moreover, the standards would be set to increase the production.

The CPEC Authority has also prioritized it and is working to make it operational as soon as possible. Agriculture is one of the seven pillars of the long-term CPEC plan. It has been agreed that both countries will work on enhancing cooperation in the agriculture sector.

China will assist Pakistan in developing an agro-industrial base, which is negligible at present. The Fatima Group and China Machinery Engineering Corporation have already signed an MoU for enhancing cooperation. The cooperation will serve multiple objectives.

As Chinese firms are way ahead in terms of technology and experience, it will help to build the capability of Pakistani companies. It will also build the way for technology transfer. The cooperation will help Pakistani companies to secure business due to the presence of Chinese companies in their markets.

Processing of agricultural produce is another weak area where China has started providing assistance to Pakistan. It will donate a date processing plant to Balochistan in accordance with the commitment to investing in areas of southern Balochistan.

Dates are an important food product in Balochistan but due to unsatisfactory processing facilities, every year the province loses a huge quantity of dates. Onion, mango and meat processing are other areas which will get assistance from China.

Altogether there are around 13 projects which once established will get the price of these products. There are many other food items like pulses, rice, wheat fruits, vegetables etc. which do not have proper processing plants and due to which around 40% of the food is wasted.

(Editor:Fu Bo)

Share to 
0
Related Articles:
BACK TO TOP
  • Sports
  • Soccer
  • Basketball
  • Tennis
  • Formula One
  • Athletics
  • Others
  • Entertainment
  • Celebrity
  • Movie & TV
  • Music
  • Theater & Arts
  • Fashion
  • Beauty Pageant
Edition:
Link:    
About CE.cn | About the Economic Daily | Contact us
Copyright 2003-2024 China Economic Net. All right reserved
Agro-industrial cooperation gains momentum under CPEC
Source:Gwadar Pro | 2020-10-16 14:58
Share to 
0