FPCCI president

New FPCCI president to be elected from Balochistan

BUSINESS

Karachi: The Pakistan Economy Watch (PEW) on Tuesday said the new president of the FPCCI will be elected from the resource-rich but underdeveloped province of Balochistan.

The FPCCI elections are scheduled on December 28 while the underdeveloped province of Balochistan gets a chance after every seven years, it said.

Dr. Murtaza Mughal, President of the PEW said in a statement that the United Business Group (UBG) has been ignoring the problems faced by the business community in Balochistan which will make elections difficult for it.

The UBG could not get a strong candidate and it has nominated Daro Khan Achakzai from Chaman Chamber for the slot of president FPCCI while the rival Businessmen Panel has yet to announced their candidate, he added.

Dr. Murtaza Mughal said that Naveed Jan Baloch from Gwadar Chamber and Ghulam Farooq from Quetta Chamber are trying to secure a ticket from Businessmen Panel for the post of president FPCCI.

He noted that banks prefer not to lend loans to the business community in Balochistan while opening LCs has become very difficult while UBG has done nothing to resolve the issue despite promises.

He said that the regional office of FPCCI in Quetta has been closed since February while a slothful branch office has been established in Gwadar with only two staffers.

The business community of Balochistan has been complaining stepmotherly attitude by UBG leaders but SM Muneer continue to focus on Karachi while others prefer Punjab for their activities, he said.