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Asia Today ISSN 1861-4604 Monday, February 19, 2018

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Pakistan makes mighty $9.5 million investment in exporting donkeys to China

Donkey Development Program

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BEIJING, China - Pakistan is said to be pouring in a huge amount of investment worth $9.5 million in its ‘Donkey Development Program.’

The boost to the program comes in a bid to attract Chinese investors in the northwestern Khyber-Pakhtunkhwa province.

The country has initiated a process to increase the population of donkeys in the province as the animals are highly valued in China for its hide which is used to manufacture medicines among other things, official document has said.

According to local reports, the 'Khyber-Pakhtunkhwa-China Sustainable Donkey Development Programme' worth $9.5 million is one of the many investment portfolios prepared by the province to attract Chinese investment in its agriculture sector under the ambitious $46 billion China-Pakistan Economic Corridor.

Further, reports noted that the donkey export proposal would be presented to investors during a two-day road show in China this month.

The documents further stated, “The proposed project will help improve the socio-economic status of donkey-rearing communities by improving the health and production of local donkeys. New technologies will be introduced and work will be done on capacity building of donkey breeders and services they provide.”

Adding that the Khyber-Pakhtunkhwa government will "develop linkages in order to improve prices of donkeys and enhance the income of breeders and traders.

The document also noted that the scheme will meet "not only its investment cost but also generate a good amount of revenue.”

It also noted that investors will have to construct animal shelters, buildings for semen production, offices and residential compounds for staff, adding they also need to procure the animals and necessary machinery, and make arrangements to generate the needed electricity from solar energy.

It said, “The project can be executed through joint venture mutually agreed between the provincial government and the investor. It is also open for state-owned, state-supported and private entities.”

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