Food is the new Oil

In a world where oil is the new gold and food is the new oil, Shaikh Nahyan of Abu Dhabi group who has recently received the ‘Largest foreign investor of Pakistan’ award from the privatization ministry of Pakistan is now eying the agriculture sector of Pakistan. Here is what he had to say about opportunity in the agriculture sector in Pakistan.

Addressing the forum, Shaikh Nahyan said agriculture is crucial to Pakistan’s economic prosperity. “Investment opportunities in agriculture sector are attractive. I encourage all potential investors to take a long-term view of Pakistan’s economy as one of the emerging markets of the world — a market where astute investors should want to establish and sustain a long-term presence.”

p.s: My grocery store bill just nodded in agreement with the Shaikh when the price of a 5 kg rice bag took a straight jump of Rs 100 from Rs 375 to Rs 475.