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[2]
Mango Festival Post Event Report 2013
OUR GRATITUDE
Sindh Board of Investment (SBI) stresses primary importance to
improve Agriculture sector of Sindh through increased opportunities
for value addition and access to international markets.
Despite being 4th
largest Mango producer in the world, Pakistan
exports only nominal quantities of its total produce. The Mango
industry holds great promise for greater revenues for Sindh.
Therefore, Government of Sindh is making necessary interventions
and essential arrangements to develop linkages and access to the
international markets for increased exports of Mango fruits.
Strengthened by the success of Mango Festival 2012 held in UAE, Sindh Board of Investment
in collaboration with Agriculture Department (GoS), Pakistan Fruits and Vegetable Exporters
Association and Progressive Growers of Sindh organized Mango Festival 2013 at Malaysia
and Singapore.
In this regard, I would appreciate kind cooperation from the office of Consul General of
Malaysia and Honorary Consulate General of Singapore in Karachi. SBI would also like to
acknowledge facilitation from the High Commission for Pakistan in Malaysia and Singapore
for making this event result oriented and meaningful. Here, I would also like to talk about
assistance and support to SBI from Agriculture Department, Government of Sindh especially
Mr. Abrar Shaikh (Deputy Secretary, Agriculture Department, GoS), exporters and growers
of Sindh for making this event a profound success.
I am on behalf of my own self and on behalf of Government of Sindh would also extend my
deepest gratitude for Mr. Wajihullah Kundi, Commercial Counsellor for Pakistan in Malaysia
and Mr. Salman Athar, Head of Chancery of High Commission for Pakistan in Singapore. I
must place on record my gratitude to all our participants especially Honourable Chairman
Sindh Board of Investment and those from the Public & Private sector whose participation in
the delegation’s visit was the key to its success.
We look forward to increased exports and availability of Sindhi Mangoes at Hypermarkets
and Retailers outlets in Malaysia & Singapore in days to come.
Muhammad Riazuddin
Director General
Sindh Board of Investment
Government of Sindh
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Mango Festival Post Event Report 2013
TABLE OF CONTENT
S. # Content Page No
1 Mango Festival 2013 - At a Glance 4
2 Program Outline 7
3 Team 8
4 Delegation Composition 9
5 Mango Reception at Malaysia 10
6 Mango Reception at Singapore 12
7 Launch Of Mangoes In The Hypermarkets/Retailers
13
8 Round Table Conference, Kuala Lumpur 15
9 Investors Focus Group Discussion At Singapore 19
10 High Level Meetings 21
11 Annexure I: Press Coverage
24
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Mango Festival Post Event Report 2013
MANGO FESTIVAL 2013 - AT A GLANCE
BACKGROUND
Mango – “King of Fruits” is one of the two most delicious tropical fruits in the world. Despite
being 4th
largest Mango producer in the world, Pakistan exports only nominal quantities of
Mangoes. The Mango industry holds great promise for greater revenues for the Sindh.
Therefore, Government of Sindh is making necessary interventions and essential
arrangements to develop linkages and improved access to international markets for
increased exports of Mango fruits.
Sindh Board of Investment in collaboration with Pakistan Embassy in United Arab Emirates
and UAE Retailers including Al-Maya Supermarket, Unifruitti (Carrefour) and Lulu
Hypermarket in UAE hold Mango Festival from 13 to 16 June, 2012 at Dubai, United Arab
Emirates whereby Around 500 tons of mangoes were sold in two week all around UAE after
successful marketing of Pakistani Mangoes in the event. The buyers witnessed the price
appreciation of Pakistan Mangoes from AED 3.65 per Kg to AED 7.5 per Kg.
Strengthened by the success of Mango Festival 2012, Sindh Board of Investment in
collaboration with Agriculture Department (GoS), Pakistan Fruits and Vegetable Exporters
Association and Progressive Growers of Sindh proposed to organize Mango Festival 2013 at
following destinations.
• Malaysia (25th to 27th June 2013)
• Singapore (28th to 30th June 2013)
OVERVIEW
Although Pakistan exports comparatively little of its production, its mangoes are much
appreciated in the international market owing to their attractive colour, fragrance,
savouring taste, and nutritive value. Pakistani mango therefore enjoys a prominent position
in the international market. Except for a few recent trial sea shipments, mango exports
reach Middle Eastern and European markets by air rendering them too expensive for the
mainstream supermarkets that dominate the sale of fruit and vegetables in these markets.
Hence, Pakistan’s current exports are limited to smaller ethnic markets (wet markets).
Hence, an exhibition of Pakistani Mangoes is being organised in the Malaysia & Singapore in
June 2013. A 5-member delegation of the Sindh Board of Investment (SBI) and leading fruits
& vegetable exporters of Pakistan led by the Chairman SBI, Mr Zubair Motiwala, visited
Kuala Lumpur, Malaysia and Singapore to launch and attend the Sindh Mango Festival 2013.
On the sidelines of the event, Chairman SBI and delegation participants hold consultations
with Halal Industry Development Corporation (HDC), Business Community, Investors and
premier investment promotion agencies of the Government of Malaysia and Singapore both
at the federal and state levels.
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Mango Festival Post Event Report 2013
MANGO FESTIVAL OBJECTIVES
The core objectives of organizing the Mango Festival 2013 are as under:
• To introduce Sindhi Mango varieties to the importers, wholesalers, retailers and
buyers of retail chains in Malaysia & Singapore.
• To establish strong linkages with the stake holders of Mango import supply chain and
community in Malaysia & Singapore.
• to network Pakistani suppliers with the existing and potential importers of Pakistani
mangoes in said markets
• to boost export of Pakistan’s Fruit in International Market
• to enhance soft image of Pakistan through PR and spreading positive word of mouth
about Pakistani mangoes by inviting stakeholders, local Government officials,
Importers/buyers, diplomats of different countries and Pakistani Community as well
as the general public
Keeping above in view, the Mango Festival 2013 makes a very strong progress & developed
special rapport with Retailers/Hypermarkets in Singapore & Malaysia.
PARTNERS
Sindh Board of Investment had organized Mango Festival 2013 in collaboration with
following organizations.
• High Commission for Pakistan in Malaysia
• High Commission for Pakistan in Singapore
• Consulate General of Malaysia in Karachi
• Agriculture Department, Government of Sindh
• Pakistan Fruits & Vegetable Importers & Exporters Association
• Mango Exporters/Growers
ACTIVITIES:
The Festival comprised the following four components:
• Mango Reception & Inauguration Ceremony
• Launch of Sindhi mangoes in the chain-stores and hypermarkets at Malaysia &
Singapore
• Roundtable Conference with Malaysian investors, businessmen and
entrepreneurs
• High Level Meetings
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Mango Festival Post Event Report 2013
• Developing Linkages between Growers, exporters from Sindh with importers and
Retailers/Hypermarkets in Malaysia and Singapore
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Mango Festival Post Event Report 2013
PROGRAM OUTLINE
Mango Festival 2013 Program Outline
Monday, 24
June 2013
1700 hrs Arrival of delegates and transfer to the hotel
2000 hrs Dinner by the High Commissioner for Pakistan at
Pakistan House
Tuesday, 25
June 2013
0930 hrs Meeting with CEO, Halal Industry Development
Corporation (HDC)
1200 hrs Meeting with High Commissioner for Pakistan, Mr.
Shahid M G Kiani
1600 hrs Meeting with CEO, Selangor State Investment Centre
(SSIC)
Wednesday, 26
June 2013
1900 hrs Mango Reception at Renaissance Hotel
1000 hrs Mango Launch at Mercato Pavillion
1030 hrs Mango Launch at Cold Storage KLCC
1115 hrs Mango Launch at AeonBig Midvalley
1200 hrs Mango Launch at Giant Subang Jaya
Thursday, 27
June 2013
1000-1200
hrs
Roundtable Conference with Malaysian businessmen,
investors and entrepreneurs
1400 hrs Meeting with the Executive Director , Malaysian
Investment Development Authority (MIDA)
1950 hrs Departure for Singapore
2050 hrs Arrival at Singapore
Friday, 28 June
2013
1500 hrs Meeting with Mr. Chua Taik Him (Deputy CEO IE
Singapore)
1600 hrs Inaugural at Mustafa Centre
1700 hrs Inaugural at Usman Restaurant at Arab Street
Saturday, 29
June 2013
1200-1500
hrs
Mango Mania Inauguration Lunch & Programme at Bar B
Q Tonite
1700 hrs Inaugural at Bay View Tandoor at Singapore Flyer
Sunday, 30th
June 2013
1300 hrs Lunch Hosted by Press Counsellor at Bayview Tandoor
2000 hrs Investors Focus Group Discussion and Lunch at Embassy
Residence
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Mango Festival Post Event Report 2013
TEAM
SBI team has worked tirelessly to make this endeavour successful. With the support of High
Commission for Pakistan in Malaysia & Singapore and collaborative efforts from diplomatic and
commercial offices of the Mission, the objectives of the Mango Festival were achieved.
A name list of SBI team members, Pakistan High Commission for Malaysia & Singapore officials those
contributed directly for making this effort a success are as follows:
SBI Team
Name Designation
Mr. Muhammad Zubair Motiwala Chairman Sindh Board of Investment
Mr. Mohammad Riazuddin Director General Sindh Board of Investment
Mr. Abrar Shaikh Deputy Secretary Agriculture Department, Government of
Sindh
Ms. Phool Kanwal Project Coordinator
High Commission for Pakistan Team, Malaysia
Name Designation
H.E. Shahid M.G. Kiani High Commissioner
Mr. Wajihullah Kundi Commercial Counsellor
Mr. Hamid Raza Khan Press Attaché’
Ms. Joe Trade Officer
Ms. Salwa Press Officer
High Commission for Pakistan Team, Singapore
Name Designation
H.E Syed Hasan Javed High Commissioner
Mr. Salman Athar First Secretary/Deputy Head of Mission
Syed Mubashir Tauqir Shah Press Counsellor
Mr. Attique Tabassum Social Secretary
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Mango Festival Post Event Report 2013
DELEGATION COMPOSITION
The delegation was comprised of two types of participants.
• Official Participants
• Private Sector Participants
Member composition of delegation participants is as follows:
Official Participants
Name Designation & Organization
Muhammad Zubair Motiwala Chairman Sindh Board of Investment
Muhammad Jaffer Abbasi Secretary Agriculture, Government of Sindh
Muhammad Riazuddin Director General Sindh Board of Investment
Phool Kanwal Project Coordinator Sindh Board of Investment
Private Sector Participants
Name Organization Designation
Waheed Ahmed Iftikhar & Co Director Marketing
Imtiaz Hussain Imtiaz Enterprises Chief Executive
Khalid Ejaz Qureshi Roshan Enterprises Chief Executive
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Mango Festival Post Event Report 2013
MANGO RECEPTION AT MALAYSIA
A Mango Reception was held on 25 June at the Renaissance Hotel, Kuala Lumpur, Malaysia.
The event was aimed at introducing Malaysian dignitaries to different varieties of Pakistani
mangoes and providing them the opportunity of sampling and savoring the king of fruits in
different forms.
A special mango display of the following varieties of Sindhi mangoes were arranged:
• Sindhri
• Began Pali
• Chaunsa
• Langra
• Anwar Retaul
• Saroli
• Dasehri
• Sunehra
The event was attended by around 200 members of diplomatic community, businessmen,
corporate leaders, Pakistani community and media. The ceremony commenced with the
recitation from the Holy Quran. The High Commissioner for Pakistan, Mr Shahid MG Kiani,
gave his welcome speech. This was followed by a detailed presentation of the Chairman SBI,
Mr Zubair Motiwala.
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Mango Festival Post Event Report 2013
In the presentation, he highlighted various varieties of Sindhi mangoes as well as investment
and business opportunities in the province of Sindh in sectors including agriculture, energy,
infrastructure, transport, communication, IT & Telecom, textiles, mining and gems. He
assured Malaysian investors and businessmen that Sindh Board of Investment was
committed to providing one-window facility and would assist them in all possible manners.
He explained that investment in Pakistan yielded a higher rate of return and a proper legal
framework was in place to protect foreign investment. The Government did not discriminate
between foreign and domestic investors and provided a level playing- field to all.
While acknowledging the prevailing law and order situation in the country, he informed that
not even a single foreign company had exited Pakistan in these circumstances. In fact, many
were considering expanding their operations in view of greater demand and possibility of
higher profits.
A wide spread of mango delicacies, including mango ice cream, mango souffle, mango
mousse, mango trifle, mango tart, mango pudding, fresh fruit platter and mango cake were
also introduce to participants explaining them possible value added usage of the Mango
fruit. At the end of the function, complementary mango gift boxes from Exporters were
presented to all guests with an aim to get them familiarize with the taste of Sindhi Mangoes.
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Mango Festival Post Event Report 2013
MANGO RECEPTION AT SINGAPORE
The event was organized at the Bar BQ Restaurant in Singapore and widely attended by
diplomatic community, Pakistani Expats and stake holders of food & Agriculture Supply
Chain industry in Singapore.
The purpose of this activity was to present immense investment opportunities available in
the Province of Sindh in front of Singapore business community and to increase bilateral
trade and investment cooperation between Singapore and Government of Sindh, Pakistan
While speaking on the occasion,
Chairman SBI said that the
importance of trade for the
development process cannot be
denied and neither can the
importance of agriculture for the
overall economy. The role of
agriculture has been elevated from a
sector merely supplying resources to
nourish industrialization to a sector
of utmost importance. Agriculture
contributes about 24 percent of
Gross Domestic Product (GDP) and
accounts for half of employed labour
force and is the largest source of foreign exchange earnings. Mango export system in
Pakistan requires efficient and systematic support to an extent that could utilize full
potential of Mango economy. The mango industry holds great promise for greater revenues
for the Sindh. He further instilled that Government of Sindh intends to make essential
arrangements to have an access to the international markets regarding the exports of
Mango fruits.
High Commissioner for Pakistan in
Singapore added that the organization of
Mango Festival will not only boost
Agriculture exports from Sindh but is
expected to trigger further opportunities
for exports and value addition in
Agriculture in Sindh. There was complementary tasting of
various dishes prepared from mangoes
such as Mango milkshake, mango chunks,
mango lassi etc as well as other
refreshments for the diplomatic
community and Singaporean stakeholders present in the event.
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Mango Festival Post Event Report 2013
LAUNCH OF MANGOES IN THE HYPERMARKETS/RETAILERS
The most important segment of the Mango festival was launch of Sindhi Mangoes at
Hypermarkets and Retailers outlets in Kuala Lumpur Malaysia & Singapore. Kuala Lumpur
Mango Festival & Singapore Mango Mania was organized in collaboration with famous
Malaysian & Singaporean Chain Stores and Retailers.
The Sindh Board of Investment in collaboration with Commercial Section organized the
launch of Pakistani mangoes in the following stores:
Promotional Plan for Malaysia
Retailer Outlets Promotional Dates
Cold Storage Store - Klang Valley Cold Storage KLCC 26-28 June 2013
Cold Storage Store - Klang Valley Cold Storage (Mercato)
Pavillion 26-28 June 2013
Giant Hypermarket - Klang Valley Giant Hypermarket Subang 28-30 June 2013
Giant Hypermarket - Klang Valley Giant Hypermarket Kota
Damansara 28-30 June 2013
Econsave Store - Klang Valley Econsave Bangi 5-7 July 2013
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Mango Festival Post Event Report 2013
As part of promotion, an in-store sampling
of mangoes at various stores was
conducted. All the customers visiting the
store were offered complementary tasting
of Sindhi mangoes. The sampling activity
was carried out at all stores where
promoters dressed in special gowns
offered mango cuts and mango shakes to
the customers. A sampling counter was
set up with the words "Sindh Mango
Festival 2013" emblazoned on it. A
number of customers tasted the mangoes and showed interest in their purchase.
A team comprising officers of the Sindh
Board of Investment, High Commission
and exporters visited the following
outlets to monitor the mango launch:
a. Cold Storage KLCC
b. Mercato, Pavilion
c. AeonBig, Midvalley Megamall
A formal launch of Sindhi mangoes was
organized at the Giant Hypermarket
Subangjaya. The event was jointly inaugurated by the Chairman, Sindh Board of Investment,
High Commissioner for Pakistan and Mr. Neil Christie, Senior General Manager, Fresh Foods
GIANT. Mango sampling was carried out by mango promoters dressed in customized outfits.
Chairman Sindh Board of Investment inaugurated the Mango Launch at Giant Subang Jaya
Econsave Store - Klang Valley Econsave Pandamaran 5-7 July 2013
Carrefour Store - Klang Valley AeonBig Subang Jaya 25-30 June 2013
Carrefour Store - Klang Valley AeonBig Mid Valley 25-30 June 2013
Mbg Fruits- Klang Valley Big Dutamas 28-30 June 2013
Mbg Fruits- Klang Valley Village Grocer Bangsar 28-30 June 2013
Promotional Plan for Singapore
Retailer Promotional Dates
Mustafa Centre 27 June-1st
July 2013
Bar B-Q Tonite 28-30 June 2013
Usman Restaurant 28-30 June 2013
Bay View Tandoor 28-30 June 2013
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Mango Festival Post Event Report 2013
and said that through this event, exporters and growers will be linked up directly to retailers
in Malaysia to explore immense opportunities available in fruit export sector. High
Commissioner for Pakistan in Malaysia was also present at the occasion.
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Mango Festival Post Event Report 2013
ROUND TABLE CONFERENCE, KUALA LUMPUR
The Sindh Board of Investment in collaboration with Commercial Section of High
Commission for Pakistan in Malaysia organized a Roundtable with Malaysian investors,
businessman and entrepreneurs.
The High Commissioner welcomed all participants to the Conference and urged them to
take advantage of the liberal Investment Regime and business-friendly Trade Policy of the
Government of Pakistan centred on the Free Trade Agreement between the two countries.
The event was attended by representatives of more than 20 companies from sectors such as
agriculture, special economic zones, property development, infrastructure, monorail,
telecom and investment promotion etc. List of participants is mentioned below:
Round Table Conference, Kuala Lumpur
S # Attendees Number of participants
l. Malaysia Pakistan Business Council (MaIPak) 3
2. Bina Puri Holdings Bhd 1
3. Axiata Group,,\ 1
4. UEM Group Berhad 2
5. Scomi International Pte.Ltd 1
6. Tenaga Nasional Berhad 1
7. 11M Strong Mixed Concrete Sdn Bhd 1
8. Mudajaya Group Berhad 1
9. Econsave Cash & Carry 1
10. Aeon Big Sdn Bhd 1
11. Khaishen Trading Sdn Bhd 2
12. Soon Soon Oilmills Sdn Bhd 1
13. Everyday Brush Industries (M) Sdn Bhd 1
14. Hon.Consulate General Of Pakistan 1
15. A.M. Medical Care & Services 2
16. Ministry of International Trade and Industry
(MITI) 1
17. Malaysian Investment Development Authority
(MIDA) 1
18. Malaysia External Trade Development 1
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Mango Festival Post Event Report 2013
Corporation
19. SME Corporation 2
20. Malaysian Palm Oil Board (MPOB) 1
The Chairman SBI gave a comprehensive presentation highlighting business and
investment opportunities in the province of Sindh and invited Malaysian investors to
benefit from the liberal investment regime of the Government of Pakistan. He alluded to
the Free Trade Agreement in force between the two countries which provided enhanced
market access to the products originating from both countries. Sindh offered
tremendous investment opportunities because of its thriving industrial base, natural
resources, well developed infrastructure, competitive human resource, two major ports,
sophisticated communication network, modern financial & services sector and investor
friendly policies of the government. With 23% of country's population, Sindh's contribution
to the national GDP was around 33% while the province collected 70% of Pakistan's Income
Tax and 62% of Sales Tax.
The presentation was followed by Q&A session. Companies such as Scomi and Axiata
briefed the Chairman about their future investment plans in Pakistan and requested SBI to
facilitate them. MATRADE briefed the Chairman about their plans to participate in Expo
Pakistan 2013 in which 30 Malaysian companies would be sponsored. The Chairman urged
the Government of Malaysia to relax restrictions on the import of rice and allow the private
sector to import rice. The quality of Pakistani rice was second to none. Both exporters and
Malaysian consumers stand to benefit from the Government's decision to liberalize the rice
trade. The Chairman also pleaded with the Government to enhance import of beef from
Pakistan as Pakistani abattoirs met the stringent halal and hygienic requirements of the
Malaysian Government.
The representative of the Port Klang Free Zone (PKFZ) apprised the Chairman about the
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Mango Festival Post Event Report 2013
incentive package being offered to investors for investing in the zone. The Chairman said
that the Government of Sindh was interested in the investment model of PKFZ and would
try to incorporate its essential features into its Investment Policy.
Mr. Ramesh Kodammal, Managing Director, Goldtex Exim Sdn Bhd, raised the issue of
delayed clearance of goods at the Karachi port. The Chairman assured to look into the
matter.
At the end, the Chairman thanked all companies for participating in the Roundtable. He also
presented tokens of appreciation to the representatives of the Ministry of International
Trade and Industry (MITI), Malaysia External Trade Development Corporation (MATRADE)
and Malaysia-Pakistan Business Council (MaIPak).
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Mango Festival Post Event Report 2013
INVESTORS FOCUS GROUP DISCUSSION AT SINGAPORE Investors Focus Group was organised at the Residency of H. E High Commissioner for
Pakistan in Singapore whereby representatives of Singaporean Business Community were
invited to discuss available investment opportunities in Sindh.
In Focus Group Discussion, a detailed presentation
on Investment Opportunities in Sindh was given by
Mr. Muhammad Zubair Motiwala, Chairman, Sindh
Board of Investment, Government of Sindh. Mr.
Motiwala reinforced that Pakistan, a country of 180
million people is endowed with huge natural
resources, investment and trade opportunities.
Within Pakistan, Sindh with a population of 50
million is bigger than over 100 countries of the
world. It enjoys a unique position in terms of
resource endowments and business opportunities. Speaking on the occasion Chairman
Sindh Board of Investment said that Sindh possesses immense opportunities for
strengthening business ties with Singaporean Business Community. Government of Sindh is
keen to enhance trade volumes with Singapore.
Chairman Sindh Board of Investment briefed the
audience on various investment projects and
opportunities that are being showcased by Sindh
Board of Investment. He added that Sindh possesses
the potential to become Power House of the region
given the size of its mineral endowment especially
Coal and Wind.
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Mango Festival Post Event Report 2013
Chairman SBI invited Singaporean Business community to come and collaborate with
Government of Sindh to increase bilateral trade between Singapore and Province of Sindh.
He further explained the competitive strengths of the Province which provided tremendous
opportunities in Energy, especially the Coal Mining; Coal to power; Wind Energy; Agro-
Processing and Infrastructure for investment.
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Mango Festival Post Event Report 2013
HIGH LEVEL MEETINGS
During the visit, delegation met with both Government as well as private business
organizations to explore the avenues of mutual cooperation. Details of Interactions are
mentioned below:
MEETING WITH HALAL INDUSTRY DEVELOPMENT CORPORATION (HDC):
During the visit, Mr. Zubair Motiwala, Chairman Sindh Board of Investment along with
delegation participants met with the Vice President, Halal Industry Development
Corporation (HOC), Mohamed Khairi Mohd Isa on 25 June, 2013. The following issues
were discussed in the meeting:
a. Follow up on the implementation of the MoU signed between SBI and
HOC in February 2011. The MoU envisaged cooperation in the following
areas:
i. Convening an International Halal Conference at Karachi
ii. Establishing a framework for the promotion of halal sector, halal
certification and regulation in Pakistan
iii. Establishment of a Halal Park near Karachi
b. Examining the offer of HOC for support in the following areas:
c. Organizing a "Briefing Session on Effective Entry in Pakistan's
Halal market"
ii. Forming a Pro-tem Committee on the Joint Malaysia-Pakistan Halal
Chamber of Commerce and Industry
c. iii. Organizing a Halal Seminar in Karachi with the support of HOC
Formation of a Halal Development Body in the province of Sindh on the
pattern of HDC
d. Training of Trainers (TOTs) on the halal matters in Pakistan
e. Accreditation of Halal Certification Bodies in Pakistan
f. Participation of HDC in Expo Pakistan 2013 being held from 26-29
September 2013 at Karachi
The meeting agreed on the need for closer collaboration between HDC and SBI in
the development of halal sector in Sindh, in particular and Pakistan, in general and
underlined frequent exchange of delegations at the official level.
MEETING WITH SELANGOR STATE INVESTMENT CENTRE (SSIC):
Chairman Sindh Board of Investment Mr. Muhammad Zubair Motiwala and delegation held
meeting with Mr. Hasan Azhari Hj Idris, CEO Selangor State Investment Centre (SSIC). SSIC is
the Selangor State Government's investment arm that deals with the State's investment
related matters. It is a one-stop agency that provides information and advisory services to
potential and existing investors as well as assistance in setting up operations in Selangor. Its
objective is to generate investment, encourage industrialization in Selangor by facilitating
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Mango Festival Post Event Report 2013
the process of investments within the state, foster conducive investment environment and
showcase the thriving and dynamic state of Selangor Darul Ehsan.
The meeting focused on the
collaborative cooperation
between the two premier
state investment promotion
agencies. The Chairman SBI
explained to the CEO that SBI
wanted to learn from the
investment promotion model
followed by SSIC. The CEO
assured him of his full support
in this regard. The Chairman
SBI also offered him to visit
Sindh Pakistan at the time of
Expo Pakistan being held from
26-29 September 2013. The
CEO assured to look into the offer. The meeting ended with a vote of thanks from either
side.
MEETING WITH SINGAPORE INVESTMENT PROMOTION AGENCY:
The Chairman SBI and delegation also
held a meeting Mr. Chua Taik Him,
Deputy CEO IE Singapore and his team to
persuade Singapore investors to come
and invest in Sindh Pakistan. During the
meeting detailed discussions were held
about investment opportunities in Sindh.
The Deputy CEO agreed to share details
of Thar Coal with potential investors in
Singapore.
MEETING WITH MALAYSIAN INVESTMENT DEVELOPMENT AUTHORITY
(MIDA):
The Chairman SBI met with the Director, Foreign Investment Promotion Division of
Malaysian Investment Development Authority (MIDA). The Director gave a
comprehensive presentation on the investment promotion efforts of MIDA and the one-
window facility being provided to investors in the form of all key agencies like
immigration, labour, environment, telecommunication and others housed under the
same roof. He also highlighted the trend of foreign investment into Malaysia for the last
many years. He explained to the Chairman that earlier the subject of Cross Border
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Mango Festival Post Event Report 2013
Investment was being dealt with by MIDA but now it had been taken away from MIDA
and assigned to MATRADE.
The Chairman briefed the Director that the purpose of his visit was to study the
investment promotion model of MIDA and draw valuable lessons from it. He also
referred to his meeting with the CEO Selangor State Investment Centre (SSIC) and termed it
very productive. He invited the Director to visit Pakistan and acquaint himself with the
investment model of SBI. The Director thanked him for the invitation. The meeting ended
with a vote of thanks from either side.