Lahore Chamber of Commerce and Industry Advocates International Events for Economic Growth

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) is advocating for the organization of international events to spur economic growth in Pakistan, drawing parallels with Germany’s economic success through exhibitions and delegation exchanges. This call to action was articulated by LCCI President Mian Abuzar Shad during a Board meeting of the Lahore Expo Center, presided over by its Chief Executive Officer, Maryam Khawar.

According to Lahore Chamber of Commerce and Industry, Shad emphasized the Expo Center’s pivotal role in fostering economic development through trade exhibitions and international collaborations. He engaged in a detailed discussion with CEO Maryam Khawar to devise strategies aimed at enhancing the center’s economic impact. Shad highlighted the center’s function as a platform for showcasing Pakistan’s industrial potential and attracting foreign investment, advocating for infrastructure upgrades to meet international standards and maintain competitiveness in the global market.

Shad proposed expanding the frequency and scope of trade exhibitions to include increased participation from small and medium enterprises (SMEs). He suggested targeted marketing efforts to attract international exhibitors and buyers, thereby elevating Pakistan’s trade visibility globally. He described the Lahore Expo Center as an essential asset for economic growth, noting that modernizing its facilities and broadening its reach could unlock significant opportunities for businesses and the national economy.

Addressing challenges faced by local industries, particularly SMEs and startups, Shad called for financial incentives and subsidies to support first-time participants, enabling them to leverage the Expo Center’s platform. CEO Maryam Khawar expressed appreciation for LCCI’s proactive initiatives in trade promotion and welcomed the suggestions made by Shad. She committed to collaborating closely with the LCCI to enhance the center’s economic contribution.

Board members discussed the upcoming event calendar, emphasizing the need to position the Lahore Expo Center as a premier venue for regional and international trade exhibitions. Shad underscored the importance of aligning the center’s initiatives with the evolving needs of the business community.

The post Lahore Chamber of Commerce and Industry Advocates International Events for Economic Growth appeared first on Pakistan Business News.