Business Leaders Urge Action on Economic Hurdles

A delegation of prominent business and investment leaders on Friday brought their concerns over the country’s economic situation directly to Acting President Syed Yousuf Raza Gilani, outlining the significant challenges and obstacles faced by Pakistan’s commercial and industrial sectors.

The high-level discussion, held at the Parliament House, included notable figures such as Ahsan Bhatti, Haroon Nasir, Umar Hussain, Owais Khattak, Hatim Tibani, Shahid Khan and Shoaib Zafar, among other leading industrialists and investors who shared their suggestions for boosting industrial growth and trade.

Specific focus was given to the construction, real estate, and healthcare industries. The delegation briefed Mr Gilani on recent developments, including the adoption of energy-efficient control glass in buildings, and underscored the significant potential these areas hold for attracting investment and fostering sustainable economic growth.

Acknowledging their input, Acting President Gilani described the nation”s traders, investors, and industrialists as playing a “pivotal role” in the country”s economic advancement. He stressed that the expansion of these sectors is crucial not only for strengthening the national economy but also for generating widespread employment opportunities essential for Pakistan”s prosperity.

Mr Gilani urged the business community to actively champion new business and investment ventures to bolster economic stability and national development. He stated that the government is implementing effective measures to cultivate an investor-friendly climate, highlighting that collaboration between the public and private sectors is “indispensable” for achieving sustainable national progress.

In conclusion, the Acting President expressed his appreciation for the delegation”s perspectives and reaffirmed the administration”s commitment to resolving the business community”s concerns and facilitating investment to ensure long-term economic progress.