Press Release

Former Governor Punjab meets LCCI Leadership

Former Governor Punjab Muhammad Baligh ur Rehman Thursday visited the Lahore Chamber of Commerce and Industry and have a detailed discussion with LCCI President Mian Abuzar Shad, Senior Vice President Engineer Khalid Usman and Vice President Shahid Nazir Chaudhry on the nation’s economic growth, trade, and political stability. Former Governor Punjab said that the role of business community is crucial in the economic development of Pakistan. He appreciated ongoing efforts of the Lahore Chamber of Commerce and Industry for economic uplift of the country.

On the occasion, LCCI President Mian Abuzar Shad, Senior Vice President Engineer Khalid Usman and Vice President Shahid Nazir Chaudhry informed the former Governor about the efforts being made by the Lahore Chamber of Commerce and Industry for the cause of trade, industry and the economy. They gave a detailed briefing to the Muhammad Blaigh ur Rehman about the LCCI upcoming Lahore Shopping Festival being held from January 31^st to 2 February.

Former Governor Punjab commended LCCI for its ongoing efforts to enhance trade and industrial progress. He said that political stability is fundamental for economic advancement, stressing the importance of a stable environment to attract investment and support long-term growth.

LCCI President Mian Abuzar Shad thanked the former Governor for his visit and underscored the need for increased collaboration between the government and the private sector. He said that LCCI is committed to advocate for policies that bolster the business community and drive economic growth. It is vital that political and economic stability work hand in hand to ensure Pakistan’s prosperity.

LCCi Senior Vice President Engineer Khalid Usman said that creating a business-friendly atmosphere is significant by tackling challenges such as policy inconsistency and infrastructure constraints. He said that stable political environment is key to building investor confidence and ensuring sustainable economic growth.

Vice President Shahid Nazir Chaudhry highlighted the need to diversify export markets and foster innovation in critical sectors such as agriculture, manufacturing, and technology. He said that for economic stability, we must focus on exploring new trade opportunities and adopting measures to boost global competitiveness.

Muhammad Baligh ur Rehman appreciated LCCI’s proactive efforts in addressing the business community’s concerns. He stressed the importance of collaborative efforts to tackle economic challenges and encouraged LCCI leadership to continue playing an active role in bridging the gap between businesses and policymakers.

The LCCI office-bearers said that the strengthening of trade relations with regional and international partners, implement tax reforms and prioritize sustainable development is important for economic development.