The country’s first-ever wholesale flower market ‘Flower Exchange in Pakistan’ was inaugurated at Mini Tollington Park, on Main Boulevard, Gulberg, Wednesday.
It was jointly established by the Lahore Chamber of Commerce and Industry, and Parks and Horticulture Authority. Speaking at the inaugural ceremony, Punjab Minister for Housing, Urban Development and Public Health Mian Shafqat Ali, appreciating efforts of the LCCI, hoped the Flower Exchange of international standards would play a vital role in promotion of floriculture.
He said the flower industry had a huge potential in Pakistan for exports. He said that floriculture was an ignored sector that could be developed by imparting training and providing resources to flower growers.
LCCI President Muhammad Ali Mian said the economy of Pakistan was facing numerous challenges for neglecting many areas in which a little attention could yield huge results.
He said that the flower industry was one of those areas that had a vast potential but had been overlooked due to unknown reasons. He said that the flower industry was one of the major industries in many developed and developing countries. This industry is growing very rapidly as the global trade volume of the flower industry had crossed the mark of $100 billion, he said. He said that at present this industry was growing with the rate of six percent annually. He said that floriculture also gave premium prices almost round the year and there was no need to wait for a long time as compared to other crops. He said that profit against the investment was higher. The LCCI has initiated this project to explore the huge potential of floriculture, he added.
Provincial Minister for Labour and Manpower Shahzad Azam Khan, Provincial Minister for Mining and Mineral Makhdoom Afkar-ul-Hassan, PHA Director General Raja Muhammad Abbas, LCCI Vice-President Shafqat Saeed Piracha, former vice president Sheikh Muhammad Arshad and Sahiwal Chamber of Commerce and Industry Chaudhry President Sultan Mehmood were also present. Meanwhile, in a message to the LCCI, Punjab Governor Khalid Maqbool said that the LCCI was making untiring efforts for the betterment of economy. While lauding the establishment of LCCI-PHA Flower Exchange, the governor termed it a step in the right direction. He said it would not only boost the country’s exports and but also earn huge foreign exchange.Courtesy The News
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