ESTABLISHMENT OF FACILITIES FOR PRODUCTION OF Bt COTTON AND HYBRID MAIZE SEED!
As per published reports, average yield of crops in Pakistan is much below as compared to the yields in developed countries.
One of the major reason for this is use of uncertified and high yielding seeds of major crops like wheat, cotton, rice and maize.
The yield of cotton can be increased significantly using Bt cotton seed and that of maize by using hybrid seeds.
At present, the PSC is producing over 800 thousands tones of certified seeds of different crops. In addition to that, PSC has also exported over 30 thousand tones quality seeds to other countries including Augustan, Bangladesh, Burma, Iran and Iraq through FAO.
Keeping in view the declined productivity of existing conventional seeds, there is big demand of high quality seeds of major and minor crops in the world market for which foreign investment is required for production and marketing of BT/Hybrid seeds of cotton and maize.
Punjab Seed Corporation (PSC) is the leading ISO Certified Seed Company in Pakistan which has excellent infra-structure of Seed Farms, Processing Plants, Stores and expertise along with wide spread net-work for the production and marketing of quality seeds.
Government of the Punjab, Agriculture Department pledge to facilitate the foreign investors along with provision of technical services through Punjab Seed Corporation to setup joint venture with local counterparts in the Punjab.
Estimated cost of establishing a joint venture for production of BT cotton and maize hybrid seed is about Rs. 500.00 million.