KARACHI: In a significant development, the Founder President of the Pakistan Business Group (PBGO)
and President of the Korangi Association of Trade and Industry (KATI), Faraz-ur-Rehman, has appointed
Zafar Bakhtawari as the Patron-in-Chief for the Punjab Chapter of PBGO. The announcement was made
during a ceremony held in honor of Faraz-ur-Rehman.
Addressing the gathering, Faraz-ur-Rehman emphasized the immense potential and competence of the
young leadership in the country. He expressed confidence that entrusting the responsibility of managing
the country to the youth could lead Pakistan towards development and prosperity.
The ceremony, attended by Federal Minister for Religious Affairs Aneeq Ahmed, highlighted the high
expectations of the Pakistan Business Group for economic recovery. Aneeq Ahmed stressed the need for
the new generation to focus on trade and business, underlining that a stable economy hinges on the
promotion of these sectors.
Faraz-ur-Rehman provided an overview of the Pakistan Business Group, stating its objective to unite the
global business community, with a particular focus on Pakistani businesses. He underscored the
importance of collaboration for the development and prosperity of Pakistan, citing the Chartered
Economy concept that has been discussed for the past five years.
Paying tribute to Zafar Bakhtawari for his services to the business community, Faraz-ur-Rehman
acknowledged Bakhtawari’s commendable efforts in promoting unity among business leaders across the
country. He expressed confidence that Bakhtawari would leverage his abilities to lead the PBGO Punjab
Chapter and contribute to making it a leading organization nationwide.
The ceremony also saw appreciation for the government’s Special Investment Facilitation Council (SIFC)
initiative, which Faraz-ur-Rehman deemed essential for revitalizing the industry. He reiterated the
Pakistan Business Group’s commitment to providing business opportunities to foster industrialization
and rehabilitate struggling industries.
In conclusion, Faraz-ur-Rehman urged the business community to follow the principles of faith, unity,
discipline, and trust, echoing the teachings of the founder of Pakistan, Quaid-e-Azam Muhammad Ali
Jinnah. He emphasized the need for collective efforts to achieve economic progress and development in
the country.
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