OUR STAFF REPORTER ISLAMABAD - Young entrepreneurs could play a key role in economic prosperity as they are the backbone of a countrys economy and the engine that kept the society running, said Mahfooz Elahi, President Islamabad Chamber of Commerce and Industry (ICCI). This he stated at the launch of Young Entrepreneurs Group (YEG)-Pakistan Chapter of Confederation of Asia-Pacific Chamber of Commerce & Industry (CACCI), which would engage the youth of the country for their positive and active participation in entrepreneurship landscape. The YEG Asia-Pacific (YEGAP) was created during the 68th CACCI Council Meeting held during May 2004. It was an occasion of honour that CACCI had announced the establishment of first YEG-Pakistan Chapter, said Mahfooz. He added that young entrepreneurs could bring new business ideas that are based on best practices. Young Entrepreneurs Group (YEG)-Pakistan Chapter would provide platform to young entrepreneurs, students and academic institutions for training to set up their business, he added. Initially, this forum would act as a platform for building youth capacity to understand various entrepreneurial issues, and connect youth of Pakistan with young entrepreneurs of the Asia Pacific Region for exchanging of ideas, the ICCI president said. Mahfooz said that the forum would help create association with other local youth groups that can benefit in terms of providing numerous ideas, which could contribute in economic growth and development of the country. Former Vice President ICCI and Chairman of ICCI Young Business Forum Shaban Khalid highlighted the activities of the forum. He also revealed that on the basis of various initiatives taken for the promotion and development of youth entrepreneurship culture in the country, the Ministry of Youth Affairs conferred Jinnah Youth Award on ICCI in 2009. He said that Islamabad Chamber of Commerce and Industry has greatly supported entrepreneurship culture in youth while creating strong association with the universities. Waqas Masud said that YEGAP carried an agenda and plan of action that encouraged more entrepreneurs from the region to take an active role in various sectors of the society and also to have equal importance, in government, business and socio-economic sectors.