Pakistan Oman keen to promote rice industry
http://pakimportexport.com.pk/articles/15173/1/Pakistan-Oman-keen-to-promote-rice-industry/Page1.html
By Of Pakistan
Published on 12/22/2009
Pakistan Oman Investment Company Ltd (POICL) a joint venture of
Pakistan and the Sultanate of Oman has expressed keen interest to
promote the rice processing industry in Pakistan by financing the rice
processors and exporters on short and long term basis.
In a meeting with the Union of Small and Medium Enterprises (UNISAME) Tariq Hassan Assistant Vice President Corporate Credit and Hassan Iqbal Manager Corporate Credit assured Zulfikar Thaver President Unisame that POICL would finance the Small & Medium sector to promote rice processing and value addition by short and medium term loans for modernisation of rice processing and milling plants by providing loans and leasing facilities to the entrepreneurs.
The Union President submitted the requirements of the rice processors and exporters and stated the scope for expansion of the industry which needs to adopt modern paddy drying, rice husking, parboiling and colour sorting machines and urged the POICL officials to finance the industry for mutual benefit on affordable markup.
In a meeting with the Union of Small and Medium Enterprises (UNISAME) Tariq Hassan Assistant Vice President Corporate Credit and Hassan Iqbal Manager Corporate Credit assured Zulfikar Thaver President Unisame that POICL would finance the Small & Medium sector to promote rice processing and value addition by short and medium term loans for modernisation of rice processing and milling plants by providing loans and leasing facilities to the entrepreneurs.
The Union President submitted the requirements of the rice processors and exporters and stated the scope for expansion of the industry which needs to adopt modern paddy drying, rice husking, parboiling and colour sorting machines and urged the POICL officials to finance the industry for mutual benefit on affordable markup.