David Miliband to support Agriculture Development in Pakistan(PRESS RELEASE)

 

PRESS RELEASE David Miliband to support Agriculture Development in Pakistan (20th January, 2012 Islamabad) Indus Basin Holding (IBH), a leading agricultural development company in Pakistan, has announced that Britain's former Foreign Secretary, The Rt Hon David Miliband MP, has become a Senior Advisor. IBH invests in high-growth agricultural projects which help improve and develop land farmed in Pakistan's Indus river basin, one of the largest irrigated regions in the world.   Agriculture represents some 25% of Pakistan's GDP and employs 45% of the country's workforce.  Despite this it remains one of the most under-invested sectors in the country. As a result, farm yields are lower than industry average, and post-harvest infrastructure is significantly underdeveloped.  This is what IBH seeks to correct. IBH attracts leading international investors and partners into its projects which range from food processing to contract farming.  One of these projects, Rice Partners, manages the complete rice supply chain from seed to packaged rice, by working closely with small-hold rice farmers. Commenting on his role David Miliband said "I am delighted to be advising Indus Basin Holding, a company that is investing in Pakistan's future at a time of such fundamental importance. I care deeply about Pakistan, the development of its economy and its future in the wider region. IBH are committed to developing an agricultural sector which has huge potential, but currently lacks investment. I look forward to working with IBH in building support and investment in Pakistan's agricultural capacity and productivity."  Aamer A. Sarfraz, founder of IBH, said "We are delighted to be able to bring on board the expertise of Mr. Miliband who knows the region and its challenges well.  He shares our conviction that investment in Pakistan's agricultural sector can have substantial long-term impact on the country's poorest farming communities. "Media Enquiries: Justin Doherty, Indus Basin Holding 07768330223 media@indusbasin.com www.indusbasin.com  Warm regards, Muhammad Ali Tariq | BUSINESS DEVELOPMENT MANAGER | Agroventures (Pvt.) Ltd. | Head Office: No 5, Street 15, Sector F-7/2 | Islamabad, Pakistan | Cell: +92 (300) 8505039 | Tel: +92 (51) 2652713-15 | Fax: +92 (51) 2651153 | Email: ali.tariq@agroventures.pk | Visit Nutrivita Cereals: http://www.nutrivitacereals.com/

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