| Food, Agri & Livestock Asia 2008 International
Exhibition & Conference, one of the most
promising and enduring exhibition is scheduled
to be held on 19 - 21 October, 2008 at Karachi Expo
Centre. Food, Agri & Livestock Asia 2008 Exhibition is being organized at the most opportune time
when the government is looking forward to
expand the developing industries of the country,
which have shown tremendous growth in the
past few years. The exhibition would serve as a
comprehensive showcase of the latest in
technology, equipment and machinery as well as
allied services, while providing investors with a
definite outlook of the regional Food, Agri &
Livestock industry and an opportunity to meet
their prospective counterparts and business
partners.
The Food and Agro Technology show
Pakistan is a Principal Gateway to the Central Asia Republics having strong and long standing links with the middle
East and South Asia .It has an Agri-based economy with a very well developed Agriculture Sector. Nearly 44 % of
the labour is engaged in this sector. Human resources are strong and cost effective, transportation cost is low and
has a large growing domestic market that of 140 million consumers. Maximum revenue is generated from the
export of agriculture products contributing 26%. GDP to the economy.
ATTRACTIVE INCENTIVES FOR THE INVESTORS
Pakistan has the most liberal investment policy in South Asia Region which is opened to Foreign Direct Investment in
all economic sectors esp. Agriculture Sector. No government sanctions are required and the investors can take benefit
of attractive tax / tariff incentives packages, capital, profits, dividends, remittance of royalty, and technology and franchise
fee allowed to projects in agriculture, international chains food franchise, social service & infrastructure. New incentives
and further liberalization measures include:
- Zero import duties on raw materials used in the production of exports, capital goods and plant and machinery and equipment
not manufactured locally.
- The import tariff on agriculture machinery (not manufactured locally) for registered corporate agricultural projects will be zero-rated.
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