LAHORE  - Prime Minister of Pakistan Mian Muhammad Nawaz Sharif will be the Chief Guest at LCCI Achievement Awards 2014 scheduled for the last week of August.

This was stated by LCCI President Engineer Sohail Lashari while addressing a Press Conference here at Lahore Chamber of Commerce and Industry on Thursday. The LCCI Senior Vice President Mian Tariq Misbah, Vice President Kashif Anwar, Chairman of LCCI Achievement Awards Committee Aftab Ahmad Vohra also spoke on the occasion.

Briefing the newsmen about the upcoming event and its background, the LCCI President said that in the year 2005, the Lahore Chamber of Commerce and Industry took the initiative to recognize the services of the businessmen of this great City of Lahore who are contributing to the national exchequer in a big way. He said that this was the beginning of LCCI Achievement Awards and the response was marvelous as not only the business community but the government circles also lauded the LCCI for giving due recognition to the business community of Lahore.

Engineer Sohail Lashari said that LCCI Achievement Awards 2014 is the 9th function. Speaking on the occasion, the LCCI Achievement Awards Committee Chairman Aftab Ahmad Vohra informed the journalists about the criterion set for the selection of the award winners. He said that the methodology is very transparent so the right businessmen could be able to win the award. Unveiling the criterion for the applicants is: Investment during the financial year 2012-13, turnover during financial year 2012-13, establishment of new units during financial year 2012-13, percentage increase in export/trade turnover during the last three years, tax paid by the company or group of companies, dividend declared to share holders during financial year 2012-13 and research & Development during financial year 2012-13.