Connectivity fuels economic growth: LCCI.

LAHORE -- In a significant development for businesses, online services and trade, connectivity through land and air routes has emerged as a vital catalyst for economic growth.

Lahore Chamber of Commerce and Industry (LCCI) President Kashif Anwar expressed these views in a meeting with a delegation of British and US businessmen led by Prince Naeem Malik here at LCCI on Tuesday.

Chaudhry Ijaz and former LCCI Executive Committee Member Haji Muhammad Asif Sehar also spoke on the occasion.

Kashif Anwar said that seamless and efficient flow of goods, services, and information across regions had revolutionized the way businesses operate and opened up new avenues for expansion and collaboration.

With enhanced connectivity, companies can now establish their presence in previously untapped markets, enabling them to access a larger customer base and foster economic development.

Head of the delegation Prince Naeem Malik briefed the president LCCI regarding their purpose of visit to the LCCI and said that a lot of investors from the UK and US were keen to invest in Pakistan but lack of facilitation was coming in the way. He said that the government of Pakistan should facilitate the foreign investors.

Highlighting the potential areas where investors could focus, Naeem said that there was a lot of scope of power generation through waste in Lahore. He said a plant for power generation through waste was successfully generating power in Florida that could be installed in Lahore as well where 10 million tons of waste was being produced in a day.

LCCI President Kashif Anwar said that Pakistan and the United Kingdom were steady trade and economic partners and have immense potential to grow their mutual trade to the new height. He said that the United Kingdom was a lucrative destination and could help Pakistan to boost Pakistani exports to the required level.

He said...