Olive to be cultivated on 1500 hectares of land in three years

Night_Hawk

Siasat.pk - Blogger
Olive to be cultivated on 1500 hectares of land in three years

Wednesday, 17 October 2012 14:48
Posted by Parvez Jabri
Olives_400.jpg



ISLAMABAD: As many as 1500 hectares of land would be brought under olive cultivation within next three years with an aim to exploit the potential in this particular sector and make the country self-sufficient in olive production.
The three-year project has been launched under the debt swap agreement between Pakistan Agriculture Research Council (PARC) and Italian government for promotion of olive farming in the country, a top official in the council said."The PARC has already identified olive cultivation areas in Khyber Pakhtunkhwa, FATA, Potohar Region and in Balochistan and has started work on planting olive trees since March this year," Project Direct Olive Production and Senior Director Crops, Dr. Mohammad Munir told APP here.He said that the PARC has taken all the four province onboard for launching the project.The land being brought under the cultivation under the project would be in addition to that already utilized for the cultivation of olive.The official was of the view that olive cultivation needs fewer resources and marginal lands are needed for its cultivation so it is a lucrative engagement for farmers who can take full advantage of this.Once established, the olive gardens would start bearing fruit after three years (in 2015), so the council would set up four olive oil extraction machinery (plants) to facilitate farmers, he said and elaborated that one each big plant would be established in Balochistan and Potohar region while two units would be installed in Khyber Pakhtunkhwa and FATA region.In addition, mobile oil extracting units would also be arranged that would be used for oil extraction in those areas where farmers have no access to these four oil extracting facilities.He said plantation of the olive plants takes place in March or November of each year adding that the PARC has identified 12 kinds of plants to be planted in these gardens, keeping in view the climatic conditions.Munir said that the Italian government is also interested in launching research project aimed promoting olive cultivation in the country.A memorandum of Understanding to this effect would be finalized soon under which Pakistan would become member of the regional centre that has been engaged in research activates for promotion of olive.The Italian government is already working with Afghanistan and Nepal and Pakistan would be the third member of this centre, he added.Munir said that Pakistan has been involved with the Italian government since 1984 for the promotion of olive as three projects were initiated by Pakistan Oilseed Development Board (PODB) in this regard earlier.However, he added, the current project was the forth project in this line which the Italian government gave to the PARC for execution under Debt-Swap agreement.
Copyright APP (Associated Press of Pakistan), 2012

 
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aftab818

MPA (400+ posts)
good if it goes the right way, olives very healthy and akistanis cant even think of buying it and its derivatives ,we got all sort climatic areas and hope it will be cultivated in abundance.
 

Humi

Prime Minister (20k+ posts)
o yar chittay olives na ugana. kerway say hotay hen. han black olives chalain gay.(bigsmile)

green olives have many good uses, not just for culinary purposes but for health as well..

but where did you see chittay/white olives?...lol..
 

ryzvonusef

MPA (400+ posts)
What is this "Debt-Swap agreement"???? any body knows
Basically a loan is converted into something else, like a loan of diffrent terms, a different instrument, or some other variation. You can read the technical details on wikipedia. http://en.wikipedia.org/wiki/Swap_(finance)

But in this case, the loan is converted into development funds. Italy has done something similar with the Phillipine government, and this article explains it. (it's the same deal with Italy-Pak)

http://www.philstar.com/Article.aspx?publicationSubCategoryId=66&articleId=816935

The Philippines and the government of Italy have entered into a debt-for-development swap agreement that would pave the way for the conversion of Manila’s loans to the European republic into funds for development projects in the country.

The agreement, signed by Finance Secretary Cesar Purisima and Italian Ambassador to the Philippines Luca Fornari last month will run for about five years, the Department of Finance announced yesterday.

Under the deal, the Philippines’ total outstanding loan with the Italian government amounting to P158 million including interest will be converted to fund eligible development projects.

These projects will be jointly agreed and selected by both governments, Finance Undersecretary Rosalia de Leon said.

Proceeds from the debt swap deal will be used to fund development projects or those that promote poverty reduction, socio-economic sustainability and environmental protection.

As part of the Italian government’s thrust of promoting biodiversity conservation, the fund will also prioritize projects in this area.
 

Azizan

MPA (400+ posts)
Good News... its very Healthy, if Middle Eastern and Turkish people can use it in their Daily food we should also. There is Lots of Empty Land besides of Peshawar Islamabad motorway which could be use to cultivate Olive.....:)
 

aqeel813

Minister (2k+ posts)
green olives have many good uses, not just for culinary purposes but for health as well..

but where did you see chittay/white olives?...lol..

O ji wohi wohi... haray walay..:P kerway lagtay hen ji.. (serious) han kalay walay mazay k hotay hen ji.. :)

wese yahan pe guthli nikal k oun mein paprika (bell pepper) bher detay hen.. yeh zyada sahi hai wese. Allah keray k pakistan mein bhi jald ye sastay damon naseeb ho.
 
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