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6th edition of Leaders in Islamabad Business Summit kicks off

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Rethink for a stable, sustainable future: Ahsan

Federal Minister for Planning, Development & Special Initiatives, Prof Ahsan Iqbal on Wednesday highlighted the need to streamline policies for facilitation and building a collaborative environment.

He was addressing the Inaugural session of the 6th edition of ‘Leaders in Islamabad Business Summit’ with the theme “The BIG Rethink.”

Ahsan Iqbal shared his vision of five essential Es for a sustainable and stable future: “Exports, e-Pakistan (digitization), Environment (water security and food security), Energy (move to renewables) and Equity & Empowerment.”

Highlighting the need for equity he said, “We are looking at education, health and population control as our drivers and are targeting 20 poorest districts for an accelerated development program to end disparity.”

Nutshell Conferences Group and Martin Dow Group, in strategic partnership with Overseas Investors Chamber of Commerce and Industry, and Unity Foods Limited, hosted

The sub-themes on Day 1 varied from the need for the Big Re-Think, to Leadership in the Age of Disruption, to Disrupting the Future. The day comprised nine individual addresses, three panel discussions, and one conversation

Khurram Dastgir Khan, Federal Minister for Power, stated that as a result of disruption of the Ukraine war and ensuing rethinking, Pakistan‘s electricity generation will now be indigenized for sustainability and growth. “We will have five sources, out of which four will be domestic and one will be semi-domestic.” He further added that despite immense devaluation, they have been holding on to the base tariff for electricity since September 2022, owing to the new energy source from Thar Coal.

Muhammad Azfar Ahsan, Founder & CEO Nutshell Group, and former Minister of State & Chairman Board of Investment, in his welcome address, elaborated on the theme “The BIG Rethink” for progress. “I blame incompetence, lack of political will, absence of collaboration between stakeholders and lack of continuity of policy framework for bringing us to the present condition.”

 

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