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Home » Islamabad

David Miliband to support Agriculture Development in Pakistan

January 20, 2012

Islamabad: Indus Basin Holding (IBH), a leading agricultural development company in Pakistan, has announced that Britain’s former Foreign Secretary, David Miliband, has become its 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.

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