Pakistan to propose 30 projects in Pak-Qatar investment conference: Dawood

ISLAMABAD, Mar 10 (APP):Abdul Razak Dawood, Advisor to the Prime Minister on Commerce, Industry and Investment said on Sunday that around 30 projects were being proposed to the Qatar government and investors, besides discussions to further explore the potential of trade and investment between the private sectors of both countries.
  Addressing a joint Pakistan-Qatar Trade and Investment Conference organized by Board of Investment Pakistan, in Doha, in collaboration with Qatar Finance Center and Embassy of Pakistan Doha, he appreciated the joint efforts of Pakistani and Qatari authorities for organizing the joint investment and business conference.


Pakistani expats offer business center in UAE to help entrepreneurs from homeland

ISLAMABAD, Jan 31 (APP):Business Star Center and Zamana Group of Companies, being operated by two overseas Pakistanis in Unite Arab Emirates (UAE), have offered establishing a business center to facilitate Pakistani entrepreneurs to operate in the Emirates.
They extended the offer to Special Assistant to Prime Minister on Overseas Pakistanis and Human Resource Development (OP&HRD) Syed Zulfikar Bukhari during a meeting held the other day.
The OP&HRD ministry has assured them to provide required services in UAE for launching the business center at earliest, ministry spokesperson told APP Thursday.
He said the youth belonging to Pakistani diaspora would be able to register their companies and small start ups free of charge through this business center.

In a video statement, Zulfi congratulated the interested youth for having an opportunity to execute their business ideas in UAE, adding that a number of successful Pakistani businessmen were already working in Dubai and sending huge remittances to the country.
“Extremely pleased to have well established overseas Pakistani across the globe contributing big towards national development by helping those who are less fortunate,” he tweeted soon after meeting the delegation of Zamana Group of Companies, which called on him here.
Eulogizing their spirit, Zulfikar Bukhari thanked them for providing nesting space and business center services voluntarily to Pakistani entrepreneurs trying to settle in UAE.


نیشنل فوڈ سکیورٹی اینڈ ریسرچ ڈویژن کے ترقیاتی کاموں کے لئے 41 کروڑ 15 لاکھ روپے جاری

اسلام آباد ۔ 29 جنوری (اے پی پی) وزارت منصوبہ بندی، ترقی و اصلاحات نے سرکاری شعبہ کے ترقیاتی پروگراموں میں نیشنل فوڈ سیکورٹی اینڈ ریسرچ ڈویژن کے ترقیاتی کاموں کے لئے مجموعی طورپر اب تک 41کروڑ15لاکھ روپے سے زائدکے فنڈز جاری کردیئے گئے ہیں، حکومت نے ہائر ایجوکیشن کے ترقیاتی کاموں کے لئے رواں مالی سال میں ایک ارب 14 کروڑ روپے سے زائد کے فنڈزمختص کئے ہیں۔ پلاننگ کمیشن کی طرف سے جاری کردہ اعداد وشمار کے مطابق حکومت نے گلگت بلتستان میں ترقیاتی کاموں کے لئے 60لاکھ ، ایرڈ زون ریسرچ انسٹیٹیوٹ کی اپ گریڈیشن کے لئے 10کروڑ 18لاکھ ،پاکستان میں زیتون کی پیداوار بڑھانے کے لئے 12کروڑ ،جی بی میں ٹرائوٹ کیج کے لئے 66لاکھ روپے سمیت مختلف ترقیاتی منصوبوں کے لئے فنڈز جاری کردیئے ہیں۔


SMEDA to extend business advisory services under Kamyab Jawan Programme

ISLAMABAD, Jan 24 (APP):A delegation of Small and Medium Enterprises Development Authority (SMEDA) in the leadership of Secretary Industries and Production called on Special Assistant to the Prime Minister on Youth Affairs Muhammad Usman Dar to discuss role of SMEDA in educating and handling SME sector borrowers under the proposed Prime Minister’s Kamyab Jawan Programme.
This flagship initiative of the government will not only promote SME sector in the country but will also create one million employment opportunities for the youth.

Usman Dar said, “Development of SME sector was a key to economic turnaround of a developing country like Pakistan. It not only creates employment opportunities, but also contributes significantly towards the exports and GDP growth. Therefore, government intends to extend maximum support to this crucial sector both financially and technically under Prime Minister’s Kamyab Jawan Programme.
It was decided in the meeting that SMEDA will identify top 25 SME business ventures as per latest trends in the job market both locally and internationally. It will also develop their viable feasibility reports to educate and facilitate the potential entrepreneurs and provide training in business development cycle.
Usman Dar appreciated the efforts of Ministry of Industries and Production and SMEDA for the promotion of SME sector in the country.
He also urged upon them to put in their best for the economic empowerment of youth through creation of job under SME sector.


Qatar agrees to include Pakistani rice in its tender documents

ISLAMABAD, Jan 23 (APP):During recent visit of the Prime Minister to Qatar, the Qatari Government has agreed to include Pakistan origin rice in the tender documents of the Central Tendering Committee which falls directly under the purview of Qatar’s Ministry of Economy and Commerce.
The lifting of ban is expected to provide additional US $ 40-50 million of rice exports to Qatar if quality is maintained. Qatar annually imports 200,000 tonnes of rice, says a statement issued by the Ministry of Commerce here Wednesday.
The statement quoted Advisor on Commerce, Textile, Industries, Production, and Investment Abdul Razak Dawood as saying that the government intends to take export to the highest level ever. The government, he said, is taking different measures for export enhancement including reclaiming traditional markets besides accessing to new markets. One of the initiatives is to manage removal of restrictions on Pakistani products in foreign markets. Removal of restriction by Qatar on Pakistani rice export is a step in this direction that will reclaim Pakistan’s share in the global rice market, he added.
The statement added that over the years, rice has been Pakistan’s major export product to Qatar. The exports were 80 to 100 thousand tonnes of rice per annum worth US $ 80-90 million up to 2010-11, which has dropped to US $ 20-25 million per annum (21,000 tonnes) in last five years.
Whereas, the private sector in Qatar continued to import rice from Pakistan, the Central Tendering Committee (CTC), Government of Qatar which procures for state-supplied subsidized rice for Qatari citizens made its tender Indian-origin specific thereby effectively, banning the import of any other origin rice including Pakistani rice into Qatar in 2011-12.
The CTC issues tenders after every two months for supply of more than 5000 MT of high-quality rice to the government of Qatar and the Pakistani origin rice has been excluded from these tenders.
Therefore, Pakistani exporters have been deprived of supplying of about 30,000 to 40,000 MT good quality rice to Qatar per annum.
Reportedly, the main reason for this change was the sub-standard and low-quality Pakistani rice supplied by the exporters against the government tenders in 2011-12.
The Indian rice exporters were the ultimate beneficiaries of this situation and Indian rice exports to Qatar reached to 142,000 tonnes in 2017 from 18,774 tonnes in 2011.
The statement added that henceforth, as a viable solution, a third-party inspection for supply of rice through CTC tenders and to take strict action against those found involved in supplying substandard rice in future will be offered to ensure that quality rice are being exported to Qatar.