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World Bank’s Contribution in Socio-economic Development of Pakistan Appreciated

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Islamabad, June 15, 2012 (PPI-OT): Haji Fazal Kadir Khan Sherani, President the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in a meeting with Mr. Dan Biller, Lead Economist South Asia Sustainable Development Department of World Bank (WB) stated that World Bank is Pakistan’s strong partner in socio-economic development. He also mentioned World Bank support at the time of disasters like earth quakes, floods etc.

The World Bank, Lead Economist, Mr. Dan Biller visited FPCCI to give his presentation on “international experience of industrial development and Pakistan’s industrial competitiveness”. He informed that WB is working with Ministry of Industries since 2009 and has conducted various studies to recommend industrial policy in Pakistan. In his presentation he showed the trends in the economic growth of South Asian countries specially China and comparison of other countries.

While appreciating World Bank’s projects for economic sustainability, poverty alleviation, education, income support, trade expansion and facilitation, reduction in cost of doing business, Haji Fazal Kadir Khan Sherani suggested that policies or models should be compatible to the present conditions of Pakistan and all factors of proposed model should perform to contribute to the industrial growth. He also informed that FPCCI is establishing Professional Development Institute any support or suggestions in the matter particularly from World Bank would be highly appreciated.

The meeting was attended by Sheikh Shakeel Ahmad Dhingra, Sheikh Haroon Rashid, Vice Presidents FPCCI, Mr. Zubair F.Tufail, Mr. Mansha Churra, former Vice Presidents FPCCI, Mr. Siddique Sheikh, Advisor on Social Sector of FPCCI, Syed Masood Alam Rizvi Secretary General FPCCI and Mr.Hammad, World Bank representative.

Sheikh Haroon Rashid presented vote of thanks. The meeting concluded with the presentation of FPCCI crest to Mr. Dan Biller.

For more information, contact:
Syed Masood Alam Rizvi
Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road,
Karachi-75600, Pakistan
Tel: 0092-21-35873691, 93-94
Fax: +9221 3587 4332


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