PR No. 115 Islamabad: June 15, 2016

Federal Minister Planning, Development & Reform Ahsan Iqbal has said that Italy’s technical assistance of20 million Euro is critical to make Olive Plantation Project in Pakistan a success. This project is aimed at olive a major contributor in edible oil by providing access to large population of the country to healthy olive oil. Italy and Pakistan has bright prospects of cooperation in olive oil area.  Ahsan Iqbal made these observations while talking to Italian Ambassador Mr. Stefano Pontecrvo, who called on him at Ministry of Planning, Development & Reform. Ahsan Iqbal and Italian delegation discussed the assistance of Italy in olive plantation project in details.  He urged that Italy should also focus on developing full value-chain for olive products. Pakistan has huge potential for olive cultivation particularly in Potohar in belt, FATA and Balochistan. Ahsan Iqbal said that Olive Plantation Project is a flagship project of Vision-2025 to promote value-added and desired to see it as a monument of friendship between Italy and Pakistan. He said that Italy should assist Pakistan in cultivation and plantation but also in creating ecosystem of olive cultivation to make it sustainable.  “The trouble affected area of FATA would benefit enormously from this project by creating new livelihood for the people of the area”, he stated. He also urged for developing an effective monitoring system with clear outcomes and deliverables to ensure tangible results. “There should be performance indicators on olive cultivation, tree plantation, per tree yield etc. to make the project a successful,” he stated. Ahsan Iqbal said that Pakistan looks forward to Italy for the success of this project because of its experience and expertise in olive area and said that the technical assistance of Italy would help Pakistan greatly in capacity building and skills of Pakistanis in olive cultivation and plantation. Italian Ambassador assured the continued assistance of Italy in olive plantation project and opportunities to train Pakistani farmers and experts in olive growing and extraction.

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