Tue, 21-Oct-2025

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Crucial to acknowledge all segments of the economy: Alvi

Crucial to acknowledge all segments of the economy: Alvi

He was speaking on the occasion of the 9th Annual Achievement Awards of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI).

Alvi called upon the business community to support the government’s efforts to promote woman entrepreneurs and woman workforce; digitalisation of the economy for transparency and openness; revival of sick industrial units and setting up new industries and replacing the informal economy with the documented and formal economy.

FPCCI President Irfan Iqbal Sheikh said that we are fully cognisant of the fact that Pakistan has successfully endured through one of the most devastating and economically overwhelming pandemics of the history of mankind.

It is important to acknowledge the performance of those companies and organisations that have played their significant role in keeping the economy going and continuing to generate employment and pay taxes as well, he added.

The Achievement Awards of FPCCI are aimed at appreciating all the major sectors, segments and strata of the national economy, he said, adding it would be the utmost priority to help resolve the chronic issues of the business community.

President of Pakistan has posthumously awarded FPCCI’s Lifetime Achievement Award to the legendary business leader Late Tariq Sayeed for his lifelong service and accomplishments in trade politics and nurturing a whole generation of business leaders. His award was received by his son Khurram Tariq Sayeed.

The FPCCI immediate past President Mian Nasser Hyatt Maggo received a Special Performance Award to acknowledge his services and bold policy positions for the welfare of the business, industry and trade community of Pakistan during his tenure in the year 2021.

FPCCI immediate past Senior Vice President Khawaja Shahzeb Akram also received a Special Performance Award for his productive and accomplished role in forging the solidarity among the business community and keeping effective coordination and liaison with various ministries and departments.

Alvi conferred FPCCI’s Pride of Pakistan Awards to Pak-Arab Refinery; Reliance Petrochem; Zakir Khan & Bros; Haji Muhammad Rice Mills and Shan Foods.

The Achievement Awards were presented in Gold, Silver and Bronze categories to the top performing companies coupled with awards for social welfare and healthcare categories to encourage social entrepreneurship, corporate social responsibility and healthcare service providers to the masses free of cost.