Faisalabad’s role in policymaking to be enhanced: FCCI president
FAISALABAD: Newly elected President of the Faisalabad Chamber of Commerce and Industry (FCCI), Arif Ehsan Malik, has said that efforts will be accelerated to enhance Faisalabad’s practical role in policymaking, fully digitalisation the Chamber, improve the performance of standing committees, develop Faisalabad as a textile circular city, establish a Special Technology Zone, commercialise research…
Faisalabad's Chamber of Commerce and Industry (FCCI) President Arif Ehsan Malik announced plans to enhance the city's role in policymaking and digitalization during the Annual General Meeting (AGM) on Wednesday. He highlighted Pakistan's significance as the world's fifth-most populous country with a USD 420 billion economy, and emphasized the need to address unemployment, out-of-school children, and other challenges.
Malik discussed several initiatives, including developing Faisalabad as a textile circular city, setting up a Special Technology Zone, promoting value addition in agriculture, and enhancing SME financing through the EXIM Bank. He also called for the abolition of duties on man-made fibers and emphasized the importance of resolving SRO 1109 issues.
Malik expressed concerns over federal-level challenges, such as delayed imports and stuck containers, and urged practical measures to improve the industrial sector. He suggested organizing seminars to raise awareness among business leaders and developing an economic vision. The outgoing President, Farooq Yousaf Sheikh, presented his performance, and new office-bearers were formally announced.
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