APBF moot tomorrow

LAHORE – The All Pakistan Business Forum is organising a high level conference titled “Pakistan at crossroads; Economy, Skill Workforce Development, Country Narrative- How to refresh” on Monday (tomorrow) in Islamabad.

The conference is aimed at setting up a roadmap and come up with an implementation strategy for high economic growth of the country and a prosperous Pakistan.

The core committee of the APBF, noted industrialists, entrepreneurs, government officials, World Bank experts and prominent economists will attend different thought-provoking sessions to find effective solutions to the challenges faced by the country. Besides, Ambassador of the EU Delegation to Pakistan, Ambassadors of Italy, Germany, Egypt, Spain, Saudi Arabia, British Deputy High Commissioner and Deputy Economic Counselor of the US Embassy will also be part of panel discussions, especially arranged in the APBF moot.

APBF President Ibrahim Qureshi observed that the security situation has significantly improved in the country which should be highlighted across the world. “Undoubtedly, we are the nation with great spirits and we need to highlight exceptional things about Pakistan.” He said that the distinguished diplomats living and working in Pakistan can give a true picture of Pakistan to their respective countries to bring investment in Pakistan through portraying a positive picture. He said that the moot will discuss several issues, including the current state of Pakistan economy, ease of doing business, opportunities and challenges. The speakers in the conference will also deliberate on importance of skilled workforce to increase productivity and exports, industry requirements, its future trends and efforts by international partners in this area.

Ibrahim Qureshi said that since 2008, Pakistan has recorded low level of foreign direct investment owing to a persistent energy crises, security challenges and poor governance.

Nevertheless, now the situation has started to recover as investors’ confidence is all time high due to opportunities arising from CPEC, better availability of energy resources and improved security situation in the country. He said that Pakistan offers huge opportunities of investment in textile, energy, infrastructure, metal & minerals, agriculture, power, transportation, automobiles, and telecommunications and services sector.

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