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‘LCCI will take all possible steps for economic development’

Business Recorder • • 1 min read

‘LCCI will take all possible steps for economic development’

Business Recorder reported that Ali Hussam Asghar, president of the Lahore Chamber of Commerce & Industry (LCCI), pledged that the chamber would take every feasible step to support industry, trade and the wider economy. He said such goals depend on strong government backing and cooperation. He made the remarks while meeting former Lahore mayor Khawaja Ahmad Hassan at the chamber.

Asghar backed Chief Minister Punjab Maryam Nawaz's Suthra Punjab initiative, which he said aims at cleaner surroundings, better governance and improved public services across the province. He praised her work in maintaining peace and security, arguing that stability and the rule of law are central to attracting investment. Dubai, he noted, grew into a developed global business hub with support from effective law and order.

Asghar said the business community wants policies that leave traders and industrialists feeling safe and supported, rather than anxious because of an excessive FIR culture. He stressed that confidence, stability and predictable policies are needed for firms to expand investment, production and employment. Senior Vice President Sardar Usman Ghani and Vice President Khadim Hussain Chaudhry also backed closer cooperation between government and the private sector.

At a glance

  • LCCI president pledged chamber support for industry, trade and economic development.
  • He credited the Punjab chief minister with improving cleanliness, governance and public services.
  • The chamber stressed the need for a predictable policy environment free from excessive FIR culture.

Originally reported by Business Recorder

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