Pakistan's economic rise depends on industry-innovation synergy

Strengthening connections between industry, innovation, investment and entrepreneurship is vital for Pakistan's economic transformation and long-term global competitiveness. Sardar Tahir Mehmood, President of the Islamabad Chamber of Commerce and Industry (ICCI), emphasized this during the soft opening of GOPKZ Industry Connect at the Chamber House. He stressed that collaborative platforms are essential for fostering a competitive, innovation-driven, and globally integrated economy. According to the article, Pakistan's private sector possesses the capability, resilience, and entrepreneurial potential to compete internationally, but it requires a supportive business-friendly ecosystem to encourage growth and investment. Tahir Mehmood highlighted the role of GOPKZ Industry Connect, an initiative bringing together entrepreneurs, manufacturers, startups, investors, and institutions to build partnerships, exchange ideas, and explore new investment and industrial collaboration opportunities. He noted that economies embracing innovation, technology, and strong public-private partnerships are better positioned for sustainable growth. The ICCI will continue to facilitate stronger business ties between Pakistan and international markets. GOPKZ Group Executive Vice President Muhammad Shahroz Habib explained that the platform aims to create an integrated ecosystem connecting businesses, innovators, investors, and policymakers to accelerate Pakistan's economic development. It showcases the country's industrial potential, promotes innovation, and facilitates partnerships that generate long-term economic value. ICCI Senior Vice President Tahir Ayub reiterated the chamber's focus on attracting investment, strengthening international partnerships, encouraging innovation, and providing platforms for business growth in a globally interconnected economy. The ceremony also included ICCI Vice President Mohammad Irfan Chaudhry, executive members, former senior vice presidents, senior members, and representatives from the business community.