November 3, 2006

Qatar to invest US$2 billion in cattle projects

Qatar would be investing about US$2 billion in cattle fattening and establishing slaughterhouses in Pakistan the country's Ministry of Food, Agriculture and Livestock announced Wednesday (Nov 1).

Qatar is making the investments to explore the vast untapped potential of milk and meat production.

Qatari officials are now sourcing for locations to set up slaughterhouses. The Qatari Prime Minister would formally sign an agreement with government and private sector shortly, they added.