It has already started.
- After CPEC slow and steady all the business activities are moving to the north of Pakistan.
- PIA has almost moved its offices to Islamabad.
- Naval head quarters is already jn ISB
- As everything is going online soon SBP and head offices of all other commercial banks will also move to ISB
KCCI President supports shifting of FPCCI to Islamabad
By
News Desk
-
Thursday, July 16, 2020 4:58 pm
KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Agha Shahab Ahmed Khan has said that as Federation of Chambers of Commerce in all the countries including India and Turkey are based in their capital cities hence, it is better to shift Federation of Pakistan Chambers of Commerce & Industry (FPCCI) to Islamabad.
“All the Executive Committee and General Body Members must give go ahead to shifting the head office from Karachi to Islamabad in FPCCI’s forthcoming General Body Meeting on 5th August 2020,” Agha Shahab Ahmed Khan maintained.
He pointed out that Federation of Indian Chamber of Commerce & Industry (FICCI) was based in the capital of city of New Delhi whereas Mumbai, being the port city, remained the hub of commercial and industrial activities.
Similarly, the Union of Chambers and Commodity Exchanges of Turkey, a confederation of all local chambers of commerce, industry and maritime as well as commodity exchanges, is also based in Ankara, the capital city of Turkey while Istanbul is well-known for its bustling trade and economic activities.
“Keeping in view the examples of above cited countries, I can confidently claim that the ruling group at FPCCI has undoubtedly taken the wise decision to move FPCCI Head Office from Karachi to Islamabad which the Businessmen Group (BMG) and KCCI fully support”, Agha Shahab said.
He urged all BMGIANs and its supporters, who are either members of FPCCI’s Executive Committee or its General Body, to fully endorse this initiative at the next General Body Meeting so that this important institution could successfully be shifted to the federal capital which will definitely prove beneficial for the entire business & industrial community.
President KCCI stated that it was a very wise decision as Islamabad is the Federal Capital of the country and all the departments falling under the purview of the federal government are based in Islamabad therefore, it is very critical that FPCCI’s Head Office must also be based in Islamabad so that it could be in a much better position to efficiently advocate the issues being faced by business & industrial community and instantly get them resolved.
Relocation of FPCCI’s Head Office in Islamabad would also prove economically viable for the institution as it will drastically cut down the travelling and lodging expenses, he added.
He was of the opinion that FPCCI’s presence in Islamabad would surely make it a vibrant institution by enabling it to always stay in touch with the federal government and all its departments including Prime Minister’s Office, President’s Office, Offices of all the Ministries such as the Finance & Revenue, Commerce & Textiles, Industry & Production, Energy etc. as well which is in the larger interest of the country as it would help in getting numerous issues instantly resolved.
Agha Shahab was of the opinion that FPCCI is the apex body of Pakistan and its prime responsibility is to have strong linkages with the federal government so that economic policies could be extensively discussed after taking inputs and suggestions from all the Chambers and Associations, who are FPCCI’s members.
Agha Shahab Ahmed maintained:
“We have been demanding since long that FPCCI has to be moved from Karachi to Islamabad as it is not FPCCI’s job to hold meetings with police officers and collectors in Karachi. It is principally incorrect that instead of focusing on national policies, FPCCI stays engaged in local issues and they have also been issuing visa recommendation letters which is wrong as no individual business/industry is a member of FPCCI.
“It is heartening to see that the ruling group at FPCCI has identified this serious flaw in FPCCI’s functioning and has taken the bold initiative to move the head office from Karachi to Islamabad which BMG and KCCI warmly welcome and appreciate.
“All Chambers and All Pakistan Associations are the members of FPCCI while no industry, individual business, town association or industrial association are FPCCI members yet they have been entertaining such institutions which is wrong.”
President KCCI requested all BMGIANs to fully support this initiative at the next General Body Meeting on 5th August so that FPCCI could be moved to Islamabad.
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