Pak-UK reviews ongoing projects

Bureau Report

PESHAWAR: Blessed with varieties of soils, ecological zones and climate conditions, Pakistan is a unique country with over 4.4 million hectares of suitable land for plantation of olive trees. If utilized properly it can prove a harbinger to make Pakistan self-sufficient in edible oil’s production.
“The most suitable climate conditions, quality soil and ecological diversity have made Pakistan an attractive country for commercial cultivation of olives on about 4.4 million hectares areas in Punjab, KP, Balochistan and Erstwhile Fata,” said Muhammad Tariq, National Project Director, Promotion of Olive Trees Cultivation on Commercial Scale (POTCCS), Pakistan Agriculture and Research Center (PARC), Ministry of Food Security and Research, Islamabad while talking to media.
Olive trees’ plantation has been restarted at large-scale in Potohar region of Punjab, Khyber Pakhtunkhwa, erstwhile Fata, Balochistan, Azad Kashmir and Gilgit Baltistan after substantial decrease of coronavirus cases, he said.
The country’s political dispensation came to realize to reclaim vast unutilized land through the plantation of over three million olive trees in five years auguring well to overcome the looming threats of food security and poverty especially in rural areas, which are largely dependent on agriculture.
Rawalpindi, Chakwal, Jehlum, Attock and Khushab districts of Potohar region were declared Olive Valley by Punjab Government where over 1.2 million olive plants are being grown on 11,125 acres areas with a potential to produce about 5,200 tons edible oil worth Rs1.727 billion by 2024.
Similarly, about one million olive plants are being grown on 9,391 acres with an expected economic value of Rs1.458billion in KP by next four years.
In Balochistan, over 500,000 plants are being grown over 9,391 acres with an expected economic oil income of Rs1.160billion during the said period.
Likewise, over 50,000 plants are being grown on 455 acres in Azad Kashmir and Islamabad, which are likely to generate a substantial revenue of Rs71 million after four years.
The whopping plantation of about three million fruit bearing plants with a potential to produce 1,415 tons edible oil is expected to generate Rs4.416billion revenue by 2024 for the country.
“Spain is producing about 45 percent of the total world’s edible oil from olive cultivation on 2.6 million hectares while Pakistan despite having a vast suitable area of 4.4 million hectares for olive farming as compared to Spain is importing around 75 percent edible oil for its domestic consumption,” the national project director said.