AIRLINK 65.20 Decreased By ▼ -0.70 (-1.06%)
BOP 5.57 Decreased By ▼ -0.12 (-2.11%)
CNERGY 4.56 Decreased By ▼ -0.09 (-1.94%)
DFML 24.52 Increased By ▲ 1.67 (7.31%)
DGKC 69.96 Decreased By ▼ -0.74 (-1.05%)
FCCL 20.30 Decreased By ▼ -0.05 (-0.25%)
FFBL 29.11 No Change ▼ 0.00 (0%)
FFL 9.83 Decreased By ▼ -0.10 (-1.01%)
GGL 10.01 Decreased By ▼ -0.07 (-0.69%)
HBL 114.25 Decreased By ▼ -1.00 (-0.87%)
HUBC 129.10 Decreased By ▼ -0.40 (-0.31%)
HUMNL 6.71 Increased By ▲ 0.01 (0.15%)
KEL 4.44 Increased By ▲ 0.06 (1.37%)
KOSM 4.89 Decreased By ▼ -0.13 (-2.59%)
MLCF 37.00 Increased By ▲ 0.04 (0.11%)
OGDC 132.30 Increased By ▲ 1.10 (0.84%)
PAEL 22.54 Increased By ▲ 0.06 (0.27%)
PIAA 25.89 Decreased By ▼ -0.41 (-1.56%)
PIBTL 6.60 Increased By ▲ 0.07 (1.07%)
PPL 112.85 Increased By ▲ 0.73 (0.65%)
PRL 29.41 Increased By ▲ 1.02 (3.59%)
PTC 15.24 Decreased By ▼ -0.87 (-5.4%)
SEARL 57.03 Decreased By ▼ -1.26 (-2.16%)
SNGP 66.45 Increased By ▲ 0.76 (1.16%)
SSGC 10.98 Decreased By ▼ -0.04 (-0.36%)
TELE 8.80 Decreased By ▼ -0.14 (-1.57%)
TPLP 11.70 Increased By ▲ 0.17 (1.47%)
TRG 68.62 Decreased By ▼ -0.62 (-0.9%)
UNITY 23.40 Decreased By ▼ -0.55 (-2.3%)
WTL 1.38 Increased By ▲ 0.03 (2.22%)
BR100 7,295 Decreased By -9.1 (-0.12%)
BR30 23,854 Decreased By -96 (-0.4%)
KSE100 70,290 Decreased By -43.2 (-0.06%)
KSE30 23,171 Increased By 50.4 (0.22%)

ISLAMABAD: Chairman China Pakistan Economic Corridor (CPEC) Authority, Lt-Gen Asim Saleem Bajwa (retd) on Sunday said the pilot project of Chilli farms in the country had been completed with cooperation of the Chinese agricultural experts. “Pilot project of Chilli Farm with 100 acres is completed,” he said in his tweet, adding that in the next phase, as many as 3,000 acres of land would be brought under chili cultivation.

He said the Pak-China Condiment alliance had been formed with the Chinese partners CMEC and Sichuan Litong Food Group. Asim said this project would also help boosting exports of spices from the country. He said this project would enhance yield, improve seed quality, skill development, farm labour, and processing.

According to official sources the project chili farming is expected to produce more than 8,000 tons of dried chilies with a net income of more than 100,000 rupees per acre for local farmers. Based on this, it will further develop downstream deep processing industries and create more employment opportunities.

The sources added that in the first phase of Chili Contract Farming Project, China-Pakistan Agricultural Cooperation Pilot Zone is to be set up in five years, while in its Phase II, it is expected to grow 30,000 acres of chilli and build pigment extracting plant, with an industrial output value of US $ 200 million. While in the third phase, a China-Pakistan food industrial park would be established in 5 to 10 years, to promote the condiment industry in both countries.

As per agricultural cooperation under the mega project of CPEC, a plan of 20 projects is being implemented to modernize the agriculture sector in Pakistan, including new seeds to increase the crop yield, upgrading of irrigation system, promotion of agri-based industry for value addition and setting up global chain network.

Comments

Comments are closed.