Access to International Halal Meat Market through Establishment of Meat Production & Processing Facilities in Khyber Pakhtunkhwa
Khyber Pakhtunkhwa, with its shared border with Afghanistan is an area of geophysical and economic importance. Thousands of heads of livestock for slaughter are transported to Afghanistan and the adjacent Central Asian countries, every day, in addition to vast quantities of meat. The clean and mineral-rich river water flowing from the mountains of the country to the central plains of Khyber Pakhtunkhwa, Pakistan, brings with it the natural minerals and trace elements that pass through the fodder and grasses of the region, and into the meat of the animals, giving it a unique flavor, color, texture and taste. This creates a world-wide demand for the distinctive meat of this region.
Generally the meat from Khyber Pakhtunkhwa province is preferred because of its taste, flavor and organic nature and 98 % of beef consumed in Afghanistan and Central Asian markets is exported from the province through formal and informal channels. Besides these areas it can further be exported to Gulf states.
The proposed cost of the project is Rs. 10.00 billion. The meat processing plant will be established in Peshawar, while animal fattening and breeding activities will be carried throughout the province. Commercially it has the strength to generate the desired level of revenues and can meet its investment costs.
In investment context, the proposed project has potential to offer profitable returns in quick time to the investors. Its local consumption and exports will be a major source of generation of funds. Skilled, semi-skilled labour and basic utilities are accessible in the area.
The project provides an opportunity for the donor agencies / investors for investment and to recoup the capital investment with profit. It can be executed through Joint Venture or any mean mutually agreed by the provincial government and the investor. The project is open for all the state-owned, state-supported and private entities.
The government of Khyber Pakhtunkhwa will facilitate investors for interaction with relevant agencies and is committed to be the partner of investor by providing all the basic facilities in the execution of project. It will provide all legal and technical assistance to the investors. The government will provide assurance of money security. Moreover, the investors friendly security situation prevails in the province.