ISLAMABAD, July 11 (EW): Prime Minister (PM) Shehbaz Sharif said on Tuesday that the government wants to fetch investment of billions of dollars from the Gulf Cooperation Council (GCC) nations in the country’s food and agriculture sectors.
In a tweet, PM Sharif said, the GCC countries import agriculture products and food items to the tune of $40 billion annually.
He said the step would be taken under the supervision of the Special Investment Facilitation Council (SIFC), for which the ground has already been prepared.
He said, in the next four to five years, there would be an investment of approximately $40bn in addition to the creation of 4m new jobs.
The PM mentioned that at the national seminar on agriculture and food security held Monday, he stressed the importance of revitalizing agriculture as a harbinger of the second Green Revolution.
“The second Green Revolution is about making agriculture the major driver of our economic growth, leading to food security that reinforces our national security,” he said.
According to him, the seminar wasn’t just a typical gathering for churning of rhetoric; rather, it marked the start of a long overdue national initiative for the economic revival of the country owned by all stakeholders.
“The future holds the promise of departing from loans to building a resilient economy, which stands on its internal strengths,” he said. “Together, we will make it happen.” —APP
