Capital House Inaugurated: Business leaders assure support to govt in economic uplift

Newly constructed and well equipped building of Capital House by the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has been inaugurated in Pakistani federal Capital Islamabad Finance Minister of South Asia Award 2016 winner Pakistani Finance Minister Ishaq Dar cut the ribbon to formally inaugurate the newly constructed building.

In this welcoming address, President Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Rauf Alam lauded efforts carried out by the Finance Minister for putting the national economy on right track and assured all out cooperation of the business community in this regard.

He said that business community was united under efficient leadership of Iftikhar Ali Malik and SM Muneer and would extend full cooperation towards the government for national country. He thanked Prime Minister, Finance Minister and Commerce Minister for extending generous support in the construction of Capital House.

He said that business community’s representatives and organizations were quite active in highlighting and promoting the national prestige and image in the world. We are trying to establish headquarters of ECO in the Islamabad and are lobbying through the higher office bearers of the organization. Upcoming ECO business meeting will be held in Capital House on November 20.

He further said that business community would extend support to the government the completion and execution of China-Pakistan Economic Corridor (CPEC) because the project was the door opener for national economic uplift. I am thankful to Federal Minister Ahsan Iqbal for incorporating all of my positive recommendations in the preparation and finalization of future strategies.

Head of Guard Group of Industries Iftikhar Ali Malik while speaking on the occasion said that Finance Minister Ishaq Dar was a dashing, desirable, dynamic, vibrant and active minister. This is why, IMF and World Bank declared him as Finance Minister of the South Asia 2016.

He proposed the government to provide the Baloch youth with full opportunities for training opportunities to enable them to benefit out of CPEC project. Otherwise, Baloch youth will not be able to benefit out of this project. If trained labour will be hired for the CPEC related projects, it may tantamount to creation of sense of flippancy in the Baloch people.

Acting President Federation of Pakistan Chambers of Commerce and Industry Khalid Tawab said that the government should offer incentives to registered entities to deal with tax compliant units only. He hoped the new building Capital House would lead to improvement in the business activities as well as trade relations with other countries because building would provide a good facility for meetings with foreign business delegations.

Melange Report

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