Pakistan's economic rise depends on industry-innovation synergy

August 06, 2026 (MLN): Strengthening connections between industry, innovation, investment and entrepreneurship is vital for Pakistan's economic transformation and long-term global competitiveness, President of the Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, said on Wednesday.

Addressing the soft opening and cake-cutting ceremony 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.

He said Pakistan's private sector has the capability, resilience and entrepreneurial potential to compete in international markets, provided it is supported by a business-friendly ecosystem that encourages growth and investment, according to APP.

Highlighting the role of GOPKZ Industry Connect, Tahir Mehmood said the initiative would bring together entrepreneurs, manufacturers, startups, investors and institutions, enabling them 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, adding that ICCI would continue to facilitate stronger business ties between Pakistan and international markets.

The ICCI president reiterated the chamber's commitment to promoting investment, supporting entrepreneurship, encouraging sustainable industrial development and expanding global business linkages.

Speaking on the occasion, GOPKZ Group Executive Vice President Muhammad Shahroz Habib said the platform aims to establish an integrated ecosystem connecting businesses, innovators, investors and policymakers to accelerate Pakistan's economic development.

He said GOPKZ Industry Connect has been designed to showcase the country's industrial potential, promote innovation and facilitate partnerships capable of creating long-term economic value.

ICCI Senior Vice President Tahir Ayub said the chamber remains focused on attracting investment, strengthening international partnerships, encouraging innovation and providing platforms that enable businesses to grow in an increasingly interconnected global economy.

ICCI Vice President Mohammad Irfan Chaudhry, executive members, former senior vice presidents, senior members and representatives from the business community also attended the ceremony.

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