|
Pakistan has an Agri-based economy with a very well developed
agriculture sector and most of the labor engaged in the Agriculture
Sector. It has vast tracts of cultivable land offering the prospective
investor lucrative returns and rich harvests on his investment.
Corporate Agriculture Farming Package is being developed. Pakistan
has an agriculture base of more then 79.6 Mn Hectares of total
area with 22 Mn Hectares land under cultivation. 18 Mn Hectares
of land is under cultivation through irrigation system while 4 Mn
Hectares of land relies its cultivation exclusively on rain.
Strong Potential
Pakistan has a comparative advantage in the region with vast areas
of cultivable wasteland available and a strong potential for expansion
of agriculture base. The large local gricultural market of Pakistan
is increasing at 29% per year with an Internationally competitive
unit cost of production for all major crops, fruits & vegetables at
a very low transportation cost, and developed routes to Middle
East, Iran and Afghanistan.
Contribution to Economy
• Contributes 26% to GDP
• Employs 44% of labour force
• 70% of exports are Agricultural & Agri-processed products
 Fisheries & Livestock production
| Fisheries potential (annual catch) |
7.5 Mn Tons |
| Buffaloes (Number) |
23 Mn |
| Cattle (Number) |
22 Mn |
| Sheep & Goats (Number) |
75 Mn |
| Poultry (Number) |
530 Mn |
Investment Opportunities
The investment opportunities are being encouraged as steps are
taken for Land development/reclamation of barren, desert and hilly
land for agriculture. Reclamation of waterfront areas or creeks is
underway for the highly profitable investment opportunities to
gain pace in the country. Crops, fruits, vegetables, flowers
farming/integrated agriculture are the major areas of cultivation
within the country. Climate supports the production of almost all
cash crops with modernization and development of irrigation
facilities and water management Plantations.
Fiscal Incentives for Agriculture Sector
• 0% customs duty on import of agricultural machinery, equipment
and implements
• Exemption of duty on transfer of land for CAF
• Tax relief; Initial depreciation allowance @ 50% of
machinery cost.
• Dividends from corporate agriculture farms not subject to tax
• Farm income given more favorable treatment |
Supported By 
