Fcci 2023 24
Fcci 2023 24
Acting as an advocate for the local business community and facilitate them by providing opportunities
of economic growth and promote their businesses locally and internationally.
Raising an effective voice of the business community at highest levels with a strong pledge to enhance
economic prosperity in particular and quality of life of the community at Faisalabad.
Active participation in developing the national level business policies and budgets for the economic
growth and development for the country.
01
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
One of the cornerstones of our success has been our commitment to our members. At FCCI, we believe that
our members are our greatest asset, and their success is our success. We have continued to prioritize their
needs, providing them with the resources, support, and advocacy necessary to thrive in an ever-evolving
business landscape. Our initiatives, such as the Business Facilitation Center and various developmental
projects, are designed to empower our members and foster a conducive environment for business growth.
I am particularly proud of our advancements in city-level infrastructure and services. From the upgradation of
"Faisalabad stands as the heartbeat of key hospitals and the implementation of the Safe City Project to our proactive stance on tra c management
and waste disposal, our efforts have significantly enhanced the quality of life in Faisalabad. These
Pakistan’s industrial growth, and FCCI achievements are a testament to our collaborative spirit and our unwavering commitment to the betterment
of our city.
remains committed to driving
Moreover, our financial performance has seen remarkable improvement. The substantial almost 3X increase
innovation and collaboration to ensure in our equity position is a clear indication of our prudent financial management and strategic initiatives. This
our city leads the nation in economic growth enables us to invest more in the development of our services and infrastructure, further benefiting
our members and the community.
advancement.”
Looking ahead, we remain steadfast in our vision to transform FCCI into a proactive, influential, and
innovative body that sets benchmarks for excellence.
Dr. KHURRAM TARIQ
I extend my heartfelt gratitude to our members, partners, and stakeholders for their trust, support, and
collaboration. Together, we will continue to build a brighter, more prosperous future for Faisalabad.
Warm regards,
02 03
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Sr. Vice President As we look back over the past year, I am deeply impressed by the strides we've made as a team at the
Faisalabad Chamber of Commerce and Industry (FCCI). Our collective dedication and hard work have
Faisalabad Chamber been instrumental in driving the chamber's success and fostering growth within our community.
of Commerce & Industry
The achievements we celebrate today highlight our commitment to innovation and member support.
This year, our focus on enhancing infrastructure and expanding our service offerings has yielded
impressive results, from improved city amenities to more effective business support mechanisms.
These developments not only reflect our progress but also our strategic approach to addressing the
needs of our members and the broader community.
I am particularly encouraged by our financial growth and the ability to reinvest in our projects, which
strengthens our capacity to support our members further. As we move forward, I am confident that
the groundwork we've laid will continue to yield positive outcomes.
Thank you to everyone who has contributed to our successes. Your support and dedication are vital as
we strive for continued excellence.
Best regards,
04 05
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Vice President Reflecting on the past year at the Faisalabad Chamber of Commerce and Industry (FCCI), I am proud of
the progress we've achieved and the positive impact on our community. Our focused efforts and
Faisalabad Chamber collaborative spirit have driven significant improvements in our services and infrastructure.
of Commerce & Industry
This year, we've made notable advancements, including upgrades to key facilities and enhanced
support for our members. These initiatives are a testament to our commitment to fostering a thriving
business environment and improving city life.
Our financial stability has also strengthened, allowing us to invest further in important projects. I am
optimistic about our continued growth and success as we build on these achievements.
Thank you to all our members and partners for your ongoing support and dedication.
Sincerely,
06 07
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
08 09
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
CONTENTS
12 Editorial Board
14 Introduction of FCCI
28 Financial Report
104 Glimpses
10
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Editorial Board
Muhammad Ayub
Secretary General
12 13
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
14 15
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
near future.
In a nutshell, the main objective of The
Faisalabad Chamber of Commerce and Industry
is the transformation of Faisalabad into a
vibrant Industrial, Commercial, and Export hub
of South Asia; thus, the chamber is fully
invested in achieving its goal by providing its
documents, etc. to its members. Having a keen It is privilege for the FCCI that its four members members the best of the best facilities and
interest in facilitating the members, the were awarded with the "Pride of Performance" bringing about groundbreaking innovations and
chamber has established Police Khidmat including Haji Bashir Ahmad, Sitara Group, Mian transformation in Pakistan's trade sector.
Markaz, SMEDA, NPO, FTO, PESSI, Labor, and Muhammad Hanif, Madina Group and Mian
NADRA desks while many more are in the Muhammad Latif, Chenab Group & Musaddaq
pipeline. As a part of CSR activities, the FCCI has Zulqarnain, Interloop Limited in recognition of
made significant contributions during natural their extraordinary performance in the field of
calamities, floods and earthquakes; Economy and philanthropy.
rehabilitation of Internally Displaced Persons Looking towards the future, the FCCI has been FCCI Services
(IDPs). In addition, our members also generously contemplating to play its dynamic role in the
donate to social welfare, in addition to development of city infrastructure on PPP
extending education and health facilities to the mode. The chamber has already acquired land
marginalized segments of society. in the M3 Industrial zone for the new FCCI
The services of the FCCI do not end here; the Complex; it has also linked MoUs with different
first upcountry Dry port in the private sector education and research institutes to produce
was also the brainchild of FCCI, which is now competent and innovative entrepreneurs. In this
offering import & export clearance facilities at connection, a proposal is under consideration to
the local level. The FCCI has the potential to establish a world-class "Business-school" on the
boost the establishment of the FIEDMC, which pattern of LUMS. Further, a proposal for the
has — so far —successfully developed three construction of a New Civilian Airport is also on
major and scientifically organized industrial the FCCI agenda, which would play an
estates, including Value Added City, M3 instrumental role in the development of the
Industrial Estate, and Allama Iqbal Industrial aviation industry in this area. Besides, the FCCI
Estate. The FCCI has also played its role in the has also made serious efforts for the
establishment of the Faisalabad Garment City, construction of the State-of-the-Art Faisalabad
contributing to the export of value-added textile Expo Center, and the groundbreaking ceremony
products along with the creation of millions of of this mega project is expected to be
new job opportunities. performed by the Chief Minister of Punjab in the
16 17
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
18 19
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Historic Firsts
Here are key points on the FCCI's performance, highlighting historic firsts for the chamber:
Prime Minister Shehbaz Sharif's Visit:
Under the President's leadership, the chamber hosted a historic visit from Prime Minister Shehbaz
Sharif, further elevating the chamber's national profile and influence.
President's Historic Speech in the Senate:
The FCCI President delivered a groundbreaking speech in the Senate, making history as the first
Chamber leader from Faisalabad to address the nation's highest legislative forum. This speech was a
pivotal moment, where the President highlighted the vital role that Faisalabad plays in the national
economy, particularly emphasizing its contribution as the textile capital of Pakistan.
Chairman Anomaly Committee of FBR:
The President broke new ground by taking on the role of Chairman of the Anomaly Committee, ensuring
that industry concerns were addressed at the highest levels.
First State Visit of FCCI to AJK:
In a historic milestone, the FCCI President led the first o cial delegation to the State of Azad Jammu &
Kashmir (AJK), marking a significant step in strengthening trade and business ties between Faisalabad
and AJK. The visit was aimed at exploring new opportunities for collaboration, investment, and
economic growth in the region.
During this landmark visit, the delegation engaged with key government o cials, business leaders, and
local entrepreneurs in AJK, discussing potential avenues for partnerships in sectors such as textile,
agriculture, tourism, and technology. The trip also opened doors for FCCI members to expand their
operations and markets into AJK, fostering greater connectivity and regional cooperation.
Launch of First E-Chamber:
The President launched the innovative E-Chamber platform, digitizing the chamber's operations and
services for the first time, making it more accessible and e cient for members.
Launch of Cyberabad:
The President initiated the groundbreaking Cyberabad project, a first in the chamber's history, aimed
at transforming Faisalabad into a tech-driven hub for innovation, industry, and digital growth.
Historic 6th September Event:
For the first time, the chamber organized a major event on 6th September to honor stars from
Faisalabad, symbolizing a stronger connection between the business community and national pride.
Historic 14th August Celebration:
The President led an unprecedented celebration of Pakistan's Independence Day at the chamber,
marking a significant first in the organization's engagement with national holidays and engaging family
members as well.
20 21
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
22 23
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
+92 300 866 2764 +92 300 865 2836 +92 321 668 0321 +92 321 841 3737
munirimpex@hotmail.com aspen@aspentextile.com greengoldseeds@gmail.com
Abdullah Mahad Impex Aspen Trade International Green Gold Agree Seeds (Pvt) Ltd. R. H Textiles
Munir Tower, Sitara Market, C,170 Ali Chowk Dhudhi Wala P-16, Dijkot Road, Chak No.215 R.B,
Maqobool Road, Faisalabad. Jaranwala Road Faisalabad. Faisalabad. Nethri Road Near Yasin Chowk,
Jaranwala Road, Faisalabad.
Mr. Abrar Ahmad Khan Mr. M. Bilal Tahir Mr. Muhammad Tayyab Mr. Akbar Pervez
Executive Member Executive Member Executive Member Executive Member
+92 321 668 8899 +92 300 866 6715 +92 320 866 3367 +92 321 899 9998
sunderplast@gmail.com Suzuki.burj@yahoo.com
Sunder Plast (Pvt) Ltd. Suzuki Burj Motors Stuff International Plus Securities (Pvt) Ltd.
18/5, Mughal Market, Opp: Chak # 231/R.B, 828-A, Small Industrial Estate, Ofce 305, Ayesha Block,
Muhammadi Mosque, Saeed Colony # 1, Sargodha Road, Abdullah Garden,
Ghatti, Faisalabad. East Canal Road, Faisalabad. Faisalabad East Canal Road, Faisalabad.
Haji Abdul Rauf Mr. Muhammad Azhar Ch. Mr. Muhammad Asghar Mr. Muhammad Asim
Executive Member Executive Member Executive Member Executive Member
+92 300 965 8034 +92 300 866 3681 +92 300 966 6711 +92 321 866 6400
taibah@fsd.comsats.net.pk lionazhar@live.com
Taibah Industries (Regd) Abco Technical (Pvt) Ltd. Gillan Dyeing Asim Dyes
Taibah Street, 63, Mehar Sadiq Market, 117/JB, Dhanolla Millat Road, Ofce No. 7, 1st Floor,
Sheikhu Pura Road, Sadiq Plaza, Railway Road, Same Nala, Faisalabad. Siddique Plaza,
Faisalabad. Faisalabad. Circular Road, Faisalabad.
Mr. Shakeel Ahmad Mr. M. Shaq Kashif Mr. Zeeshan Akram Mian Abdul Waheed
Executive Member Executive Member Executive Member Executive Member
+92 300 966 4696 +92 320 780 0000 +92 300 866 1313 +92 300 966 8076
chairman.sizing.industries@gmail.com abdulwaheed@live.com
Data Hajvery Sizing Industries Khudam-Ul-Hurmain Int’l (Pvt) Ltd. Zeeshan Akram Yarn Broker Hawk International
P-251, St 5, Ayub Colony, Shop No. 70-71, P-9/6, Sootar Mandi, P-490, ST # 6 Madina Chowk,
Jhang Road Faisalabad. Iqbal Stadium, Faisalabad. Montgomery Bazar, Faisalabad. Afghan Abad 1, Faisalabad.
24 25
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Mr. M. Zafar Iqbal Mr. Ghulam Hussain Ms. Haniah Javed Mrs. Farah Haris
Executive Member Executive Member Executive Member Executive Member
+92 300 866 9839 +92 300 797 1001 +92 301 866 2989 +92 301 865 1314
zafarsandhu@gmail.com ghulamhussain.ilt@gmail.com energy@tower.sitara.com.pk info@fechemicals.com
26 27
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Financial Report
FINANCIAL STATEMENTS
OF
28 29
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
30 31
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
32 33
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
34 35
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
36 37
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
FCCI
PERFORMANCE
REPORT
2023-24
38 39
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Steps
for the Efforts led by FCCI President Dr.
Welfare Khurram Tariq have resulted in
the right sizing of FCCI staff,
of FCCI Staff optimizing organizational
e ciency by eliminating
redundant positions and merging
job roles.
40 41
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
42 43
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Services
Police Khidmat Markaz - All Facilities
Provided at Doorstep of FCCI to
Members:
44 45
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
46 47
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
48 49
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Visit of Prime Minister
Internships - Facilitating Internships A significant highlight of Dr. Khurram
Tariq's tenure was the high-profile visit
for Students from Various Universities: of Prime Minister Shehbaz Sharif to
FCCI, accompanied by his full
FCCI actively supports the development administration team. This visit
of future business leaders by offering underscored the importance of FCCI in
internships to students from various the national economic landscape and
universities. These internships provide provided a platform for direct dialogue
practical insights into the business between the business community and
world, nurturing talent and fostering top government o cials. The Prime
industry-academic collaboration. Minister's visit facilitated crucial
discussions on policy reforms, economic
strategies, and the future direction of
industrial growth, reflecting Dr. Tariq's
success in positioning FCCI as a key
stakeholder in national economic
planning.
50 51
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
52 53
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Diplomatic Engagements
Visit of the Pakistani Ambassador designated to Denmark and participants of FSA to FCCI.
Participation in a meeting chaired by the Federal Finance Minister.
Another visit from NIM Islamabad reiterating FCCI's commitment to high-level policy
discussions.
54 55
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Vietnam
In Vietnam, Dr. Tariq focused on enhancing cooperation in textile
Ethiopia
manufacturing and technology transfer, which are crucial for Pakistan's
In Ethiopia, Dr. Tariq's delegation was warmly welcomed by export-driven industries. His insights into Vietnam's rapid industrial
Ambassador Jemal Beker Abdulla. A highlight of this visit was the growth and its success in manufacturing provided a solid foundation
visit to the historic N ashi Masjid, which holds significant for collaborative projects.
importance in Islamic history due to the H rat e Habsha. This visit
underscored the deep historical ties and cultural heritage shared
between the two countries. Discussions in Ethiopia focused on
China
promoting opportunities in sectors such as textiles, agriculture,
and infrastructure development. Dr. Tariq's awareness of In China, his discussions centered around investment opportunities in
Ethiopia's booming leather industry and growing infrastructure CPEC-related projects and strengthening trade relations in electronics
projects facilitated fruitful dialogues. and machinery. Dr. Tariq's familiarity with China's Belt and Road
These delegations have not only expanded FCCI's international Initiative allowed him to identify synergies that could benefit both
footprint but also set a benchmark for proactive engagement in countries.
global markets.
58 59
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Foreign Visits of the President to Various Countries Meetings with Diplomats in Islamabad
United States World Bank and International Organizations
Dr. Tariq's visit to the USA included high-level meetings with key World Bank: Met with a World Bank delegation to discuss economic development projects,
stakeholders in commerce and industry, paving the way for future focusing on sustainable growth, infrastructural improvements, and financial support for
collaborations in sectors such as IT, education, and energy. His SMEs.
engagement at various business forums in the USA showcased FCCI's
Pak US Alumni Network: Participated to strengthen educational and professional ties,
commitment to fostering global partnerships and leveraging America's
promote knowledge exchange, and foster collaborative ventures in business and
technological advancements.
technology.
Each of these visits has been meticulously planned and executed,
showcasing Dr. Tariq's dedication to expanding FCCI's international WWF: Discussed environmental sustainability, corporate social responsibility, and projects
partnerships and setting new standards for global outreach. for ecological conservation, including initiatives to reduce industrial pollution.
Belarus
Deputy Head of Mission:
Discussed enhancing trade, exploring joint ventures in technology, and agricultural
machinery. Highlighted opportunities for Belarusian companies in the Pakistani textile
sector.
United Kingdom
British High Commission Counsellor:
Focused on expanding bilateral trade, particularly in textiles and education. Discussed
potential scholarships and exchange programs for Pakistani students.
Bulgaria
Ambassador of Bulgaria:
Facilitated discussions on trade cooperation, investment opportunities in textile
manufacturing, and exploring Bulgaria's economic sectors like agriculture and IT.
60 61
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Italy Turkey
Italian Businessmen: Turkish Ambassador:
Fostered trade relations in the fashion and leather industries, and discussed potential joint Strengthened ties in textiles, construction, discussed joint ventures in construction
ventures in luxury goods. materials, and potential collaboration in vocational training programs.
Delegation of International Business and Professional Cooperation:
Explored international business collaborations in design and textile technologies.
Germany
German Ambassador:
Philippines Discussed vocational training, industrial machinery, opportunities for German companies in
Ambassador of the Philippines: Pakistan's manufacturing sector, and joint initiatives in renewable energy.
Discussed enhancing trade in textiles, electronics, opportunities for joint ventures in
technology parks, and outsourcing services. Denmark
Danish Ambassador:
Japan Highlighted cooperation in renewable energy, sustainability projects, potential investments
Japanese Ambassador: in wind and solar energy, and green technology transfers.
Discussed collaborations in technology, education, investment in high-tech industries, and
opportunities for scholarships for Pakistani students in Japanese universities. Saudi Arabia
Commercial Attaché:
Zambia Focused on expanding trade in renewable energy, construction, investment opportunities in
President of the Zambia Chamber: Saudi infrastructure projects, and enhancing cooperation in energy-e cient technologies.
Engaged in discussions on bilateral trade in agriculture and mining industries, exploring
opportunities for Pakistani investment in Zambia's mineral resources. South Korea
South Korean Ambassador:
Vietnam Discussed technology sectors, automotive industry, opportunities for South Korean
Ambassador of Vietnam: investments in Pakistan's electronics sector, and collaborations in smart technologies.
Focused on enhancing textile trade, technology transfer, joint ventures in garment
manufacturing, and expanding market access for Vietnamese products in Pakistan. Kazakhstan
Ambassador of Kazakhstan:
Kuwait Explored trade in textiles, agricultural machinery, investment opportunities in Kazakhstan's
Ambassador of Kuwait: grain sector, and strengthening cultural and business ties.
Discussed investments in energy, infrastructure projects, and opportunities for Kuwaiti Dinner Hosting:
investment in Pakistan's real estate and hospitality sectors. Strengthened diplomatic ties, discussed future trade opportunities, and cultural exchanges
to enhance bilateral relations.
62 63
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Indonesia
Video Conferencing with Pakistani Diplomats Abroad
Ambassador of Indonesia:
Focused on increasing trade in palm oil, textiles, potential joint ventures in the agricultural Dr. Khurram Tariq has effectively utilized video conferencing to
sector, and expanding market access for Indonesian products. maintain a continuous dialogue with Pakistani diplomats posted
abroad. These virtual meetings have enabled real-time
discussions on trade opportunities, market conditions, and
Tunisia strategic partnerships. By leveraging technology, Dr. Tariq has
Ambassador of Tunisia: ensured that geographical distances do not hinder the progress
Discussed trade in textiles, tourism, opportunities for Tunisian investments in Pakistan's of FCCI's international objectives. His proactive approach in
tourism sector, and cultural exchanges. utilizing video conferencing for diplomatic engagement has set
a new precedent for maintaining global connections and
Uzbekistan fostering international trade relations.
Ambassador of Uzbekistan:
Explored trade in textiles, technology, potential for joint ventures in the textile Delivering Lectures in USA - Intellectual Value Addition at MIT USA
manufacturing sector, and enhancing market access for Uzbek products.
Dr. Khurram Tariq's intellectual contributions diplomats, and international academic
are exemplified by his lectures at the institutions has set a high benchmark for
Iran prestigious Massachusetts Institute of future leaders and underscored the
·Iranian Counsel General: Technology (MIT) in the USA. His presentations importance of global connectivity in driving
Focused on enhancing trade in textiles, energy, potential collaborations in petrochemicals, on economic development, trade policies, and economic growth. Through these efforts, Dr.
and exploring joint ventures in renewable energy projects. innovation have been highly acclaimed. These Tariq has not only advanced FCCI's objectives
lectures have not only elevated the but also positioned it as a key player in the
intellectual standing of FCCI but have also global economic arena.
contributed to the global discourse on
economic strategies and industrial growth.
Dr. Tariq's ability to articulate complex
economic concepts and share his insights on
international platforms underscores his
commitment to intellectual value addition and
the promotion of FCCI's vision worldwide.
Dr. Khurram Tariq's leadership and strategic
initiatives in these international activities
have significantly enhanced FCCI's global
presence and influence. His proactive
engagement with foreign delegations,
64 65
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
66 67
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Healthcare
Corporate Social Responsibility Partnered with 2 local hospitals to provide discounted medical care to low-income families.
Organized free health awareness camps in underserved communities, reaching over 5,000
President Dr. Khurram Tariq, leading FCCI, demonstrated
individuals.
exemplary commitment to corporate social responsibility
(CSR) during 2022-2024 through a series of impactful Supported contact surgeries for 100 patients, restoring their vision and improving their
initiatives: quality of life.
Support for Vulnerable Groups:
Dr. Khurram Tariq personally visited and donated to
organizations like Loyal Warriors and Al-Faisal Markaz
Nabina, highlighting FCCI's dedication to supporting
marginalized communities.
Educational Empowerment:
FCCI allocated substantial funds for scholarships at FAST
University, benefiting 34 economically disadvantaged
students with a total donation of 2.6 million rupees, reinforcing their commitment to education and
youth development.
Disaster Relief Efforts:
In collaboration with partner organizations, FCCI dispatched aid, including quilts and relief goods,
to flood-stricken areas in Baluchistan and Sindh, demonstrating their proactive approach to
humanitarian assistance during natural disasters.
Healthcare Initiatives:
Dr. Khurram Tariq inaugurated healthcare facilities such as the rehabilitation center at Khad a
Memorial Trust Hospital, providing essential medical services and artificial limbs to beneficiaries in
need.
Education and Welfare Support:
FCCI initiated projects like the establishment of a school in Khurrianwala, complete with a Women Entrepreneurship
computer lab and furniture, and continued support for educational institutions like DPS and Disbursed microloans to 50 women entrepreneurs, enabling them to start their businesses
Akhuwat Boarding School, enhancing educational access and infrastructure. by Zaad e Rah NGO.
Humanitarian Aid:
Contributions were made to various humanitarian causes, including earthquake relief for Turkish Conducted business training workshops on topics like marketing, finance, and product
communities, donations to Shoukat Khanum Hospital, and partnerships with organizations like development.
Transparent Hands Foundation and Syallani Welfare Foundation, reflecting FCCI's broad Mentored 25 women entrepreneurs, providing ongoing guidance and support.
humanitarian outreach and support.
Celebrated the success of 15 women who have expanded their businesses and created
These initiatives underscore President Dr. Khurram Tariq's and FCCI's proactive role in community
employment opportunities.
development, focusing on education, healthcare, disaster relief, and humanitarian assistance to
foster sustainable social change and support underprivileged communities across Pakistan.
68 69
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
70 71
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
FCCI Land & Building Diplomatic Affairs - South America & Africa
Despite no formal meetings being cost estimates and planning for The committee made significant international exhibitions and
held, Convener Mian Muhammad modern facilities, such as energy- strides in establishing a travel focused on arranging delegations
Adrees took significant strides in e cient systems and upgraded help desk at FCCI to assist for exhibitions in South America
overseeing the overhauling of the o ce spaces, has laid the members in visiting foreign and Africa. Additionally, it aimed
FCCI building. He initiated a groundwork for a major revamp of countries for export and to help FCCI members take
comprehensive evaluation of the the FCCI headquarters. Mian technology acquisition. It also advantage of subsidies provided
existing infrastructure and Muhammad Adrees's vision for a worked on compiling a by TDAP for participating in
collaborated with architects and state-of-the-art, sustainable comprehensive list of international events.
civil engineers to draft a building will enhance FCCI's
renovation plan that prioritizes operational capabilities and
Mian Muhammad Adrees both functionality and aesthetics. member experience. Mr. Muhammad Azhar Ch.
Convener His leadership in securing initial Convener
This was one of the most members joined FCCI, enhancing The committee focused on associations and chambers. A
proactive committees, holding the their ability to address key issues, boosting bilateral trade between delegation was also arranged to
highest number of meetings. including encroachments, rising Pakistan, America, and Canada. It participate in a Silicon Valley
Discussions were held with nearly electricity tariffs, and excessive organized trade delegations to exhibition, as well as another
all trade associations in the city to taxation. these countries and facilitated delegation to Spain for a textile
address their specific challenges. direct connections with trade machinery expo in March 2024.
The committee encouraged
associations to ensure their
72 73
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
The committee remained active ensuring smooth internal This committee e ciently events aimed to raise awareness
by promptly addressing o ce operations. organized several successful of local, provincial, and national
management and HR-related events, ensuring maximum issues and promote solutions.
matters. Decisions were made participation and engagement.
e ciently without delays, Efforts were made to provide
su cient notice (3-4 days in
advance) to participants. These
The committee met regularly on a Committee. Its consistent The committee addressed labor- raised was the delay in pension
monthly basis to review and oversight helped ensure the related concerns and facilitated cases due to EOBI not being
approve financial statements for financial integrity of FCCI's communication between FCCI devolved to the provincial level. A
submission to the Executive operations. members and the EOBI chairman. formal letter was sent to the
It played a pivotal role in the Secretary EOBI Punjab to expedite
release of cheques for industrial the resolution of workers'
workers. A significant concern applications.
74 75
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
This committee actively worked to medicine supply. A formal request The committee served as a applying pressure on the
improve healthcare services for was made to the PESSI platform for various textile government to prevent the
industrial workers. Multiple visits Commissioner in Lahore to associations to unite and collapse of the value-added textile
were made to social security establish a medical college in collectively address challenges sector.
hospitals, identifying issues such Medina Town Hospital. posed by government policies. It
as staff shortages, lack of medical played a key role in organizing a
equipment, and insu cient press conference at PHMA,
The committee sponsored the providing clean drinking water to The committee actively lobbied supply by replacing faulty
installation of RO plants in several students. Additional RO plants for reductions in gas and transformers. The committee also
educational institutions, including were installed in TEVTA-managed electricity tariffs to help small urged SNGPL to adjust gas load-
Government Technical College colleges to ensure access to hosiery units survive in shedding schedules and
Samanabad and Akhuwat hygienic water. challenging conditions. Meetings requested Faisalabad Municipal
Boarding School Abasspur, were held with FBR and FESCO Corporation to repair damaged
o cials to address tax-related roads in the hosiery area.
concerns and improve power
76 77
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
The committee worked closely availability at controlled prices, Rana Amir Raza has been center of excellence in textile
with the District Administration to benefiting the local farming instrumental in advancing weaving. Rana Amir Raza’s
combat the black marketing of community. Faisalabad’s weaving sector, leadership has not only helped
DAP fertilizer and ensure its playing a key role in its businesses enhance their
modernization and growth. production capabilities but also
Through his efforts, local weaving fostered collaboration within the
units have adopted cutting-edge local industry, ensuring the
technology, improving e ciency weaving sector remains a vital
and output. His focus on quality contributor to Faisalabad’s
and innovation has strengthened economic landscape.
Haji Gulzar Ahmad Rana Aamir Raza Faisalabad’s reputation as the
Convener Convener
This committee worked tirelessly Corporation. The committee also The committee invited the new property taxation and legislation,
to resolve various issues affecting raised concerns about file Director General of the FDA to visit particularly with regard to
industrial units within the Small transfers and harassment from FCCI and engage with the real Sections 236C and 236K. In an
Industrial Estate. Meetings were the Environment Protection estate sector on important issues. effort to attract foreign
held with the CTO to address Department. Unfortunately, issues Key discussions included changes investment, the committee held a
tra c concerns, and protests with WASA remain unresolved, and in the master plan, fee structures, press conference in Islamabad,
were organized against double the area continues to suffer from and penalties for illegal calling for an amnesty scheme for
taxation imposed by the District foul odors due to waste disposal developments. The committee developers.
Council and Faisalabad Municipal practices nearby. also advocated for reforms in
78 79
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Liaison with Municipal Corporation Industry Academia Linkages, Policy Advocacy & Tech Development
The committee made significant committee also raised concerns The committee remained highly Leading speakers were invited to
efforts to address civic problems about municipal staff extorting active in fostering collaborations deliver lectures, encouraging FCCI
related to the Municipal money from encroachers and between industry and academia. members to adopt new
Corporation. Successive meetings allowing them to occupy Meetings were held, and various technologies. Several MOUs were
were held with the Deputy pedestrian footpaths. A charter of educational and research signed to further strengthen the
Commissioner to highlight issues demands was presented to the institutions were visited to ties between industry and
like massive encroachments and CTO, urging immediate discuss innovative ideas that academia.
the lack of parking space. The implementation of solutions. could drive national growth.
The committee remained active The committee remained active Despite only one meeting being potential legal implications of
and streamline the system for and streamline the system for held, Convener Rana Shahid Raza emerging business trends and
purchase. It recommended that a purchase. It recommended that a demonstrated his commitment to regulations, aiming to safeguard
WhatsApp group may be formed to WhatsApp group may be formed to addressing internal legal concerns the interests of FCCI members. His
get the electronic approval of any get the electronic approval of any at FCCI. He spearheaded efforts to proactive approach set the stage
purchase for FCCI. purchase for FCCI. streamline legal documentation for more comprehensive legal
processes, ensuring that all oversight in the future, with plans
contracts and agreements were to engage external legal experts
updated according to current legal for further advice and
standards. Rana Shahid Raza also collaboration.
Muhammad Ikramullah initiated discussions on the Rana Shahid Raza
Convener Convener
80 81
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Liaison with District Management & City Development Liaison with FBR
The committee actively community, including the creation The committee organized efforts, the committee expressed
maintained strong relations with of a park in front of the FCCI meetings, addressing and dissatisfaction as its budget
district management throughout Complex in partnership with the resolving multiple tax-related recommendations were not
the year, contributing significantly Parks and Horticulture Authority concerns of FCCI members with incorporated. A press release
to city development initiatives. (PHA). Additionally, FCCI and PHA FBR. A notable meeting was held highlighting these concerns was
Several projects were executed in worked together to develop parks to educate the business shared with o cials and was
collaboration with the business and forests. community on tax matters, with a covered by various newspapers.
special focus on SRO 350. Despite
Excise & Taxation Liasion with Police, Safe City & Crime Management
The committee reviewed the in unauthorized areas instead of This committee focused on recover stolen property, and
responsibilities of the Excise and being used for local amenities. improving law enforcement several high-level meetings were
Taxation Department, including The committee also highlighted cooperation and public safety. It held with RPO, CPO, and CTO to
vehicle token tax collection and instances of harassment by staff facilitated hassle-free access to enhance tra c flow and address
property tax recovery. Concerns seeking undue favors. FCCI driving licenses for FCCI members safety concerns. SSP Operations
were raised about the misuse of members were encouraged to pay and staff and identified 25 key also visited FCCI to directly
collected funds, with much of the their dues directly to banks to locations for surveillance camera resolve member issues.
property tax revenue being spent avoid dealing with field staff. installation. Efforts were made to
82 83
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
The committee successfully Additionally, they advocated for The committee worked diligently Additionally, the committee
convinced the railways authority allocating prayer spaces on trains to address the issue of criticized the Parks and
to construct a new shed on and expressed satisfaction with encroachments affecting loading Horticulture Authority (PHA) for
platform No. 2, which was the inclusion of FCCI in ML1 and and unloading processes. It raised failing to maintain the green belt
inaugurated by the FCCI President. CPEC. The committee also called this concern with the CTO. in the area.
They also discussed issues for an upgrade of the railways and
regarding the parking contract the withdrawal of the ban on
and requested that the AOO commercial land leasing to
restore a quota of eight reserved generate revenue.
seats for FCCI members.
Mirza Hidayat Ullah Murshad Tariq Aslam
Convener Convener
Light Engineering Liaison with Traders of Railway Road Sadiq & Maher Sadiq Markets
The committee highlighted the electricity and gas more The committee raised concerns anti-encroachment operation
challenges facing the light affordable for this sector, as it over WASA's aquafer charges and would be conducted with the
engineering sector due to high plays a vital role in the industrial demanded exemptions for consultation of business leaders.
electricity tariffs. It demanded economy. domestic and commercial Additionally, the committee
that the government make entities. They proposed that only discussed parking issues and
pumps of 2-inch size should be emphasized that shopfront
charged. A meeting with the projections should not be reduced
Commissioner of Faisalabad was from five feet.
held, where it was decided that an
84 85
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
This committee took a keen for anti-mosquito spray in the Similar to the Agriculture prevents accurate cost evaluation
interest in resolving civic issues area. MD WASA was requested to committee, the Foundry and Allied of production. The committee also
by contacting various address aquafer charges levied on Engineering committee presented demanded the privatization of
departments and writing letters to shopkeepers. The committee also budget proposals recommending Pakistan Steel Mills to ensure the
secure basic facilities for Railway participated in a Kabaddi a reduction in sales tax from 18% availability of raw materials for
Road traders. Meetings were held Tournament and held meetings to 12%. They pointed out the the sector.
with the Chief O cer of with FESCO and FWMC to resolve negative impact of the FPA, which
Faisalabad Municipal Corporation electricity supply and waste
to remove illegal encroachments, management issues.
and a letter was sent to the DHO
Mr. Aftab Butt Mr. Ashfaq Ashraf
Convener Convener
This committee presented machinery to 22%. They also The committee demanded that digitalization. The committee
comprehensive budget proposals urged the elimination of Fuel Price banks treat computer hardware launched a dedicated website
for 2024-25. It recommended Adjustment (FPA) and called for and accessories as essential, not (www.rexcityfsd.com) to help
reducing the sales tax from 18% the privatization of Pakistan Steel luxury, items. It also pushed for buyers check rates online, which
to 12% as most farmers are Mills to ensure a steady supply of the removal of glitches in customs was promoted in schools,
unregistered, and the additional raw materials. duties and advocated for tax-free colleges, and business centers.
4% tax increases the cost of import of computers to promote
86 87
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
Sports Pulses
The committee successfully The committee also worked to The committee pointed out that written to the Plant Protection
organized the Faisalabad Gold secure increased funding for the 80% of pulses are imported and Department regarding this issue,
Kabaddi Tournament on December Divisional Kabaddi Association taxed at 3.5%, whereas utility as well as to the Port Shipping
17, 2023. They expressed gratitude and sought permission for an stores are exempt from such Center in Sindh to address
to Haji Khursheed Alam Sindhu, an o ce in the Hockey Stadium. taxes. They demanded a 10% demurrage charges. The
international Kabaddi promoter, Additionally, they organized the exemption on pulse imports to committee also expressed
who sponsored players for the Baba Guru lower local market prices. The concern over residential colonies
Canada Kabaddi League Season. committee requested FCCI to being developed on agricultural
arrange a meeting with FBR to land and emphasized the need for
address this issue and also raised R&D to develop new varieties of
Ch. Shabbir Ahmad Sindhu Mr. Ahmad Sohail concerns about dollar availability pulses to reduce reliance on
Convener Convener for importers. Additionally, they imports. A letter was written to
demanded that banks set import AARI for the development of high-
limits upon first notice and yielding seed varieties.
objected to extra charges of Rs.
75,000 for fumigation. A letter was
The committee expressed concern for layers publicly. The committee This committee raised concerns demanded stronger measures to
over the fluctuating charges of supported local soybean over the lack of relief for lubricant tackle the sale of substandard
poultry vaccination and production to reduce poultry feed dealers despite dollar lubricants and oils, noting that
demanded standardization of prices, and it was noted that feed depreciation. They wrote to the 67% of shopkeepers sell
these rates. They also was now available on credit for Executive Director of OGRA, urging substandard oil. Additionally, they
recommended declaring the rates layer farmers. proportional relief. The committee held a meeting with municipal
also criticized ineffective price o cers to address illegal
control committees and encroachments in the city.
88 89
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
The committee met with the MD reductions and the installment- A travel desk was established at
WASA, addressing the 300% based recovery of arrears. They FCCI to assist exporters and
increase in water and sewer rates, pointed out that Rs. 20-30 million frequent travelers with visa
which they deemed an unbearable from the industrial estate was information and guidance.
burden on the public. They also lying with WASA, which could be
highlighted that sewer charges used to improve water supply and
were being imposed for each sewerage infrastructure in the
storey of buildings. The small industrial estate.
committee demanded tax
In a meeting with the CTO, the advocated against registering The committee opposed the over increased customs duty on
committee identified FIRs for underage motorists, removal of shop projections used auto parts and demanded a more
ine ciencies in tra c fearing it could ruin their futures. for shelter and protection of logical approach to its revision.
management and criticized tra c A meeting was held with SP and goods. It also expressed concern
wardens for being lethargic. They DSP level o cers to address these
pointed out that schools located concerns, and they also
on busy roads without allocated demanded repairs of tra c
parking spaces caused significant signals and better tra c
tra c issues. The committee also management in the downtown
raised concerns over unlicensed area. Additionally, they raised
drivers and urged strict measures. concerns about the proliferation Haji Muhammad Abid Muhammad Yaqoob Awan
They were critical of mandatory of Qingqi rickshaws, which have Convener Convener
helmet laws for two-wheelers and contributed to road blockages.
90 91
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
The committee promoted bilateral members to participate in Organized a lecture on smog and adopting cleaner fuel technologies
trade with countries in Central exhibitions in Mexico, Sydney, and supported government efforts for and encouraged exporting skilled
America and Oceania, urging FCCI other locations. artificial rain. They advocated for manpower.
The committee labeled requested reduced taxation for Collaborated with GCU for a job tree planting. The committee also
professional tax as burdensome businesses, recommending that fair, hosted cultural events like a organized events to highlight
and lobbied for relief. They met only NTN holders be allowed to music seminar, and promoted regional peace and promote book
with excise o cials and start new businesses. environmental initiatives such as culture.
92 93
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
The committee focused on arranged a campaign against The committee effectively liaised supply to industrial areas. It also
awareness programs about drug tobacco use in educational with FESCO (Faisalabad Electric played a critical role in advocating
abuse. They signed a pact with institutions. Supply Company) to address the for the timely resolution of billing
UNO on anti-narcotics and frequent power outages and disputes and worked towards
voltage fluctuations that disrupted improving the energy
industrial operations. By engaging infrastructure to support the
with FESCO o cials, the growing energy demands of
committee helped introduce more Faisalabad's businesses.
stable and consistent electricity
The committee highlighted the trips and recommended training The committee worked to address successfully engaged with
communication issues faced by sessions to improve linguistic and key challenges faced by municipal authorities to improve
delegates during international cultural awareness. supermarkets, including waste the cleanliness and security of
management, customer safety, supermarket areas, enhancing
and government regulations. It consumer experience.
94 95
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
This committee worked closely The committee also provided The committee launched an incentivized members through
with district administration and feedback to the government on aggressive campaign to ensure additional benefits. These efforts
local markets to monitor and effective price regulation timely membership renewals. It resulted in increased member
control price inflation. Regular measures and addressed public introduced convenient renewal engagement and retention.
surveys were conducted to ensure complaints about price hikes, methods, improved
that prices of essential goods, helping to stabilize the local communication channels, and
especially in industrial zones, market.
remained within reasonable limits.
The committee launched several committee collaborated with local The committee took initiatives to remained functional and modern,
health awareness campaigns hospitals and healthcare maintain and upgrade the the committee contributed to
targeting women entrepreneurs providers to offer discounted infrastructure of the FCCI building creating a better working
and workers in Faisalabad's health services to female and other associated properties. It environment for members and
industrial sector. It organized free members of the chamber. These focused on timely repairs, visitors. The committee also
health camps, focusing on efforts helped to improve health including electrical, plumbing, and developed a regular maintenance
women's health issues such as literacy among women in the structural maintenance. By schedule to prevent any major
breast cancer, maternal health, business community. ensuring that the FCCI facilities disruptions in operations.
and reproductive well-being. The
96 97
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
The committee focused on delegations and fostering The committee addressed the successfully advocated for more
building and strengthening trade dialogues with foreign diplomats, issues of increasing transparent and fair taxation
relations with foreign markets, the committee opened new advertisement taxes and policies, ensuring that businesses
particularly in Europe and North avenues for exports and business overcharging by contractors. were not unfairly targeted with
America. By coordinating business collaboration. Through its meetings with inflated charges.
relevant authorities, it
The committee successfully programs for prisoners and The committee took a proactive government bodies and private
advocated for prison reforms, worked with the local approach in resolving fuel supply sectors to address fuel shortages
focusing on the rehabilitation and administration to improve living issues and advocating for the and encourage energy-e cient
reintegration of inmates. It conditions in the city's jail adoption of alternative energy practices in businesses.
initiated vocational training facilities. solutions. It collaborated with
98 99
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
The committee provided packages for FCCI members, The committee worked on skilled workforce that meets the
comprehensive support to streamlining the visa and bridging the gap between demands of the textile and
members planning to perform Hajj registration processes. academia and industry by manufacturing industries. The
and Umrah, including organizing Additionally, the committee promoting technical education committee also organized training
informative sessions about travel offered advisory services on tailored to the needs of workshops and seminars aimed at
procedures, religious guidelines, travel documentation and Faisalabad's industrial sector. It upskilling the youth, thereby
and health precautions. It vaccinations to ensure a hassle- initiated partnerships with local contributing to the city's
facilitated collaboration with free pilgrimage experience. technical institutes and vocational economic growth by improving
travel agencies and government training centers to develop a employability.
o ces to offer discounted
Mr. Shaq Kashif Rana Habib ur Rehman
Convener Convener
The committee played a crucial helped maintain the integrity of The committee focused on initiated discussions with school
role in the verification and vetting the chamber, ensuring that its addressing concerns related to administrations and regulatory
process of new membership membership base remained fee structures, regulatory bodies to ensure a balance
applications. By implementing a strong and credible, in line with challenges, and the overall quality between affordability and quality
thorough scrutiny mechanism, it the high standards expected of of education in private schools. It in the education sector.
ensured that only credible and the business community in
eligible businesses became Faisalabad.
members of FCCI. This effort
100 101
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
The committee worked on improving accessibility for As the convener of the FCCI engagement with stakeholders,
improving the infrastructure of customers and streamlining Standing Committee on Import of including policymakers, customs
Bhowana Bazar by advocating for business operations for traders in Used Machinery, Mr. Maqsood authorities, and industry experts,
the removal of illegal the area. Akhtar Butt has demonstrated has resulted in streamlining
encroachments and solving exceptional leadership and policies that reduce red tape and
parking issues. It also focused on strategic vision. Under his improve transparency. Mr. Butt's
guidance, the committee has performance is marked by his
successfully navigated complex commitment to promoting
regulatory frameworks to sustainable industrial growth,
facilitate smoother import ensuring that businesses in
Mr. Muhammad Ali Mr. Maqsood Akhter processes for industrial Faisalabad and beyond can access
Convener Convener machinery, significantly high-quality, affordable machinery
benefiting small and medium to boost productivity and
enterprises (SMEs) reliant on cost- competitiveness.
effective equipment. His proactive
The committee organized several young business professionals by The committee addressed issues compliance with regulations,
youth development programs, providing them with the tools and related to fuel pricing and supply benefiting both businesses and
including entrepreneurship knowledge to succeed in the chain disruptions. It also worked consumers by providing a stable
training and career guidance competitive business on improving safety standards at fuel supply.
workshops. It aimed to empower environment. petrol pumps and ensuring
102 103
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
104 105
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
106 107
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
108 109
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
110 111
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
112 113
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
114 115
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
116 117
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
118 119
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
120 121
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
122 123
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
124 125
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
126 127
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
128 129
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
130 131
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
132 133
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
134 135
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
136 137
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
138 139
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
140 141
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
142 143
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
144 145
FCCI Annual Report 2023-24 FCCI Annual Report 2023-24
146 147
Special Thanks!
Dr. Khurram Tariq,
President of FCCI
Dear Sir,
As your tenure as President of the Faisalabad Chamber of Commerce & Industry draws
to a close, we, the secretariat of FCCI, wish to extend our deepest gratitude for your
visionary leadership and steadfast dedication throughout your time in o ce.
Your exceptional guidance has significantly contributed to our growth and success,
fostering a culture of innovation and collaboration that has benefited not only our
chamber but the wider business community. Your efforts in enhancing the chamber's
operations and increasing its influence have not gone unnoticed, and your legacy will
undoubtedly influence our future trajectory.
As you embark on new endeavors, we wish you nothing but success and fulfillment in
all your future pursuits. Thank you for your outstanding service and inspiring
leadership.
Warmest regards,
Secretariat (FCCI)
FAISALABAD CHAMBER OF
COMMERCE & INDUSTRY
FCCI Complex, Canal Park, East Canal Road, Faisalabad-PAKISTAN