Pak­istan on point of eco­nomic take­off, says Ah­san Iqbal

The Pak Banker - - COMPANIES/BOSS - Staff Re­porter

Fed­eral Min­is­ter of Plan­ning, De­vel­op­ment and Re­form Ah­san Iqbal Thurs­day said that Pak­istan is on the point of eco­nomic take­off to be­come emerg­ing eco­nomic power of Asia.

"We all need to syn­er­gies our en­er­gies to give en­gines of Pak­istan econ­omy full thrust for smooth take­off, he said." Ad­dress­ing as chief guest one day sym­po­sium "How to de­velop strong link­ages be­tween, Busi­ness and In­dus­try and Academia" or­ga­nized by Higher Ed­u­ca­tion Com­mis­sion (HEC) Ah­san Iqbal said that the way gov­ern­ment, army, ju­di­ciary and other seg­ments of so­ci­ety demon­strated unity to fight ter­ror­ism should be repli­cated for eco­nomic de­vel­op­ment.

He said that ver­dict of Supreme Court in favour of par­lia­ment is re­flec­tion that all in­sti­tu­tions are on one page to elim­i­nate ter­ror­ism once and for all from the coun­try.

He said that two years vig­or­ous ef­forts turned Pak­istan into promis­ing des­ti­na­tion for busi­ness and in­vest­ment in 2015 com­pared to 2013. "The western media to­day is por­tray­ing Pak­istan as fast emerg­ing econ­omy of Asia by terming Pak­istan the new suc­cess story on eco­nomic hori­zon", he pointed. "We need to cre­ate a pos­i­tive out­look by in­fus­ing the con­vic­tion of pos­i­tiv­ity," Ah­san added.

Speak­ing about theme of sym­po­sium, the min­is­ter em­pha­sized the need for align­ing knowl­edge plat­form with pro­duc­tion plat­form with­out which the dream of ro­bust growth can't be re­al­ized.

He said that with­out this align­ment, the in­vest­ment of bil­lions of ru­pees in busi­ness and pro­duc­ing PHDs in science would go waste. He said that gov­ern­ment ini­ti­ated one bil­lion ru­pees Tech­nol­ogy In­no­va­tion Fund to pro­mote cul­ture of in­no­va­tions in sci­en­tific field. Ah­san said that tech­nol­ogy is the name of new game in the world and coun­tries with no in­no­va­tions are bound to fail.

He said that academia-in­dus­try link plat­form are also re­quired to be com­pet­i­tive in the global mar­ket. Chair­man HEC, Dr Mukhtar Ahmed gave ac­knowl­edged the ef­forts of Prof. Ah­san Iqbal in pa­tron­iz­ing HEC and said that to­day's sym­po­sium is the brain­child of Ah­san Iqbal, who mo­ti­vated HEC to hold this sym­po­sium in or­der to cre­ate academia in­dus­try link. The sym­po­sium was at­tended by vice chan­cel­lors, in­dus­try lead­ers and en­trepreneurs.

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