Pakistan Increases Farm Acreage Available For Foreign Investment

BMI reported recently on the efforts made by Pakistan's agricultural ministry to entice foreign companies to invest in Pakistani farmland. To this end, the Asian country has significantly ramped up the amount of land it initially appeared willing to sell or lease to interested parties by around 500% to 6mn acres (2.43mn hectares). However, in an effort to appease increasingly disgruntled local farmers, the ministry is trying to pass a motion insisting that any foreign investors share 50% of their crops with local producers. It remains to be seen whether a successful passing of this motion has any detrimental effect

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