Vision of triple "E" is a right step in right direction to strengthen national economy; however, all Standing Committees and other departments of Faisalabad Chamber of Commerce & Industry (FCCI) must pool their energies to achieve the well-defined objectives of this vision within 2018-19.
Mian Muhammad Adrees Former President Federation of Pakistan Chamber of Commerce & Industry (FPCCI) expressed their views while addressing a meeting held here Sunday to discuss the vision and road map of Syed Zia Alumdar Hussain President FCCI for this year.
He said that fixing targets and commitment to achieve the same within prescribed period is a positive approach but in this connection complete harmony amongst all stakeholders and supporting staff is imperative. He appreciated the concept of Triple E within the prevailing situation and told that it will focus on Economy, Export and Education. "This vision is actually a strategy to stabilise economy which was experiencing turmoil for the last many years," he added.
Continuing Mian Muhammad Adrees said that Faisalabad is the third major city of Pakistan. "It contributes 55 percent towards total national export of textile and hence, stabilisation of its economy will actually strengthen national economy," he told, adding that the role of Faisalabad is very crucial and in this connection president, elected office bearers and chairmen of FCCI standing committees must work in unison to achieve the given objectives.
He said that focused approach is imperative to materialise the objective of Triple E which is imperative to drag out Pakistan form economy turmoil. He also termed FCCI as one of the biggest NGO of Business Community of Faisalabad and said that it must bring qualitative as well as quantitative improvements in its research & development section. He also stressed the need to establish workable relations between industry and academia and told that being a businessman he is continuously getting advice and guidance from academia to introduce new products.
He congratulated the new office bearers of FCCI and said that he is happy that they have very clear vision and are committed to achieve their objectives during their own tenure. Regarding triple "E", he said that R&D is of prime importance to make a major breakthrough in all the above mentioned three sectors ie export, economy and education.
Earlier in his address of welcome, president FCCI Syed Zia Alumdar Hussain explained his strategy to achieve the objectives of Triple "E" and told that the huge import-export gap could be bridged down by enhancing exports and curtailing imports. In this connection, we have identified a number of products which could be easily produced locally.
He also announced to constitute a "Think Tank" headed by Dr Khurram Tariq which will provide guidance and solutions to resolve the problems confronted by economy. He hoped that the chairmen of FCCI standing Committees should also contribute their role in identifying their sector specific problems along with their viable and workable solutions.
Later Dr Khurram Tariq gave a detailed presentation about Triple "E" and proposed "Think Tank". Later former presidents, executive members and chairmen of the FCCI Standing Committees briefly introduced themselves and assured full support to the new office bearers in materialising their roadmap. Later Mian Javaid Iqbal former president FCCI offered vote of thanks.