LAHORE - Government has decided to announce incentives to exploit vast livestock potential in terms of domestic requirements and exports.  This was stated by the Chairman, Punjab Agriculture and Meat Company (PAMCO), Mumtaz Khan Manais, while speaking at the Lahore Chamber of Commerce and Industry on Tuesday.

The PAMCO Chairman said that new policies were being evolved to capitalise the export potential of Pakistan’s livestock sector through capacity building of farmers and people involved in supply chain, which starts from breeding to slaughtering and exporting. Unfortunately, linkage among various public and private sectors and people working in the livestock sector has not been established, which holds back the export potential of Pakistan’s livestock sector, which is the fourth largest milk producing country in the world.

The PAMCO Chairman said that the dairy sector of Pakistan offers greater opportunities to investors to undertake farming projects and earn high returns on their investments.

Mumtaz Khan said that plentiful opportunities are available in the dairy farming business and ancillary industry to integrate and produce high value added products that would not only cater to the domestic demand of a large customer base, but may also provide opportunities for exporting them to international markets where food security is a rising concern.

Speaking on the occasion, the LCCI President Engineer Sohail Lashari said that today in the era of information technology, Pakistan’s livestock sector is being handled traditionally. Pace of commercialization towards state-of-the-art production, export-oriented livestock sector is still very slow.

He said that supply chain for value enhancement in livestock products especially meat and meat products is very poor in our country.