LAHORE – The newly elected office bearers of the Lahore Chamber of Commerce and Industry took oath at the Annual General Meeting on Monday.
Mian Abuzar Shad, Engineer Khalid Usman and Shahid Nazir Chaudhry have sworn in as President, Senior Vice President and Vice President respectively.
Former Presidents and senior group leaders of LCCI Mian Anjum Nisar, Muhammad Ali Mian, outgoing SVP Zafar Mahmood Chaudhry, VP Adnan Khalid Butt, Faheem Rehman Sehgal, Ali Hassam Asghar and Khawaja Shahzaib Akram addressed the gathering.
Mian Abuzar Shad reflected on his 28-year-long journey and lauded the historical victory of securing 32 seats in the chamber’s election. He acknowledged the leadership of Mian Anjum Nisar and Muhammad Ali Mian whose guidance has always been instrumental in advancing business interests.
The newly elected president also expressed gratitude to Faheem ur Rehman Sehgal, Khawaja Shahzaib Akram, Ali Hassam Asghar, Babar Mahmood and other business leaders for their support.
He welcomed the recent steps taken by the government particularly the establishment of the Special Investment Facilitation Council (SIFC) viewing it as a significant move towards stabilizing the economy. He highlighted the government’s efforts to improve infrastructure and create investment opportunities which has put the economy back on track.
He stressed the importance of involving the business community in policy-making. He said that the International Monetary Fund (IMF) has recognized the government’s positive measures, resulting in the release of $1.03 billion out of the approved $7 billion package. He appreciated the efforts of Prime Minister Shahbaz Sharif, Chief of Army Staff General Asim Munir and Minister of State Ali Pervaiz Malik in achieving this milestone.
Mian Anjum Nisar and Muhammad Ali Mian extended their gratitude to the business community for their unwavering support and underscored their resolve to continue working for the betterment of industry and trade, as well as the prosperity of the national economy.
