Land in Pakistan is highly concentrated, which is source of poverty and instability in the country. Land is considered the principal asset in the rural economy, but unequal access to land and inefficient systems of water management have contributed to land degradation, poverty and instability. In Pakistan, 63% of the total population is rural and 43% is landless and lacks access to water or an irrigation system.
Investment in urban infrastructure such as new roads, public utilities or parks invariably increases real-estate prices. In Pakistan, stories of riches earned overnight due to new highways passing through agricultural lands are common.
LAHORE: The Punjab government has decided to lease a total of 99,077 acres of land in 187 forest lots of various sizes in four districts of South Punjab to the investors for 15 years for commercial forestry.
This was revealed by Awais Leghari, Chairman, South Punjab Forest Company (SPFC), while addressing a press conference at the office of SPFC here Monday. He gave an overview of SPFC and its initiative to promote afforestation in South Punjab under Public Private Partnership (PPP) mode.
By:MOHAMMAD HUSSAIN KHAN
Date: February 2017
SHRINKING riverine and inland forests have significantly reduced production and supply of wood required for soil fertility, livestock’s fodder, firewood and a growing furniture market.