LCCI's New Leadership Takes Office With Pledge to Deepen Public-Private Collaboration

Overview

• Faheem-ur-Rehman Saigol assumed the presidency with Tanveer Ahmad Sheikh as senior vice president and Khurram Lodhi as vice president at the chamber’s annual general meeting in Lahore.
• The leaders framed closer public-private partnership as the primary route to accelerate development, pointing to models in Turkey, China, Singapore and Malaysia.
• They urged the government to pursue tax reform, energy policy changes, investor-friendly laws and steps to lower the cost of doing business.
• Saigol said LCCI will intensify consultations with government departments and focus on industrial modernization, export diversification, workforce development and technology transfer.
• To underscore momentum, Saigol cited recent indicators including the stock index above 164,000 points, foreign reserves over $19.7 billion and GDP above $411 billion.