Islamabad (GNP): Federal Minister for Petroleum, Ali Pervaiz Malik, held a meeting with President Lahore Chamber of Commerce and Industry (LCCI) Faheem ur Rehman to discuss matters related to the business environment, investment facilitation, and the energy supply situation in the country.
During the meeting, the Federal Minister reaffirmed the Government’s commitment to supporting the investment climate and ensuring maximum facilitation for the business community. He stated that the Government is taking practical steps to promote economic stability, encourage investment, and strengthen coordination with relevant stakeholders.
President LCCI Faheem ur Rehman appreciated the Federal Government’s diplomatic efforts and stated that Pakistan has demonstrated responsible and effective diplomacy in the prevailing regional situation.
He also commended the Ministry of Petroleum for ensuring continuity of supply and efficient handling of the situation despite disruptions caused by the closure of the Strait of Hormuz.
Faheem ur Rehman particularly praised Federal Minister Ali Pervaiz Malik for his proactive leadership and effective management in addressing energy-related challenges and ensuring stability for the industrial and commercial sectors.
He also shared suggestions and proposals from the business community aimed at further improving the investment environment and addressing key issues faced by industries.
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In April 2026, the LCCI President also stressed the need to improve logistics and trade infrastructure, enhance national shipping capacity, and improve air connectivity with Gwadar. He said limited flights between Lahore and Gwadar are creating difficulties for investors from Punjab. He said the Lahore Chamber of Commerce and Industry, which represents more than 48,000 members, is fully prepared to cooperate with the government in national economic planning and policy reforms.
He also highlighted the need for continuous consultation between the Planning Commission and chambers of commerce. He announced that the Lahore Chamber will organize the “Lahore Chamber Freelancing Awards” in June 2026 and invited Ahsan Iqbal as chief guest.
