Karachi: Economic and energy experts say that promoting agriculture, technology and energy sectors should be among the priorities, as these three sectors will rule the world in the coming years. Pakistan has great opportunities and potential for development in these sectors.
Read more:https://timelinenews.com.pk/fbr-declares-collector-of-customs-as-regulatory-authority/
It is impossible to ignore these three sectors for economic development, because agriculture plays a significant role in enabling food security for human survival, which is even more important than border security.
It also provides large-scale employment and reduces the growing burden on cities. When it comes to technology, it brings communication, efficiency, innovation, connectivity, quality of life, and innovation in all sectors, while the energy sector plays a key role in running homes, offices, and industries.
Professor Dr. Zafar Nasir, Dean, Faculty of Computing and Information Technology, DHA Safa University, said that Pakistan can take advantage of current technological trends by leveraging its young workforce, and dominate the technological and industrial sectors in the future.
The basic requirement for this is to have the best internet facilities and collaboration with experts from around the world, the use of artificial intelligence can be used to facilitate the production and distribution of agricultural products, investment in renewable energy sources such as solar, wind and hydroelectric power to reduce dependence on fossil fuels, and the encouragement of fintech and digital payment systems.
Chief Technology Officer Allied Biorefinery Australia, Energy Scientist Dr. Adeel Ghayur said that energy is essential for bringing in foreign investment, increasing industrial production, and enabling technological advancement.
He said that in energy security and transition to renewable energy sources, Pakistan should prioritize the development of valuable biofuels, such as sustainable aviation fuel, green diesel, and bio-dimethyl ether (an alternative to LPG).
Experienced agronomist Nabi Bakhsh Satheo said that the government should stop exploiting farmers, create a better and transparent mechanism, control prices, stabilize production prices, and ensure a profit margin of 15 to 20 percent on top of the cost of production of each crop.
