Government Establishes Industry Advisory Council with Top Industrial Leaders

federal government has introduced the Industry Advisory Council (IAC), comprising 13 prominent industrial groups in Pakistan, with the primary objective of formulating the nation’s industrial policy.

Dr. Gohar Ejaz, the Caretaker Federal Minister for Commerce & Industries, took to the social media platform X on Saturday to announce the establishment of the Industry Advisory Council. Notable industrial entities such as Lucky Cement, Fauji Foundation, Hilton Pharma, and Dawood Group are among the entities included in the council.

Expressing enthusiasm for the initiative, Dr. Ejaz highlighted the potential impact of this collaboration: “Together, we will be formulating a robust industrial policy that will drive economic growth and development.” He expressed his excitement about leading this initiative as the Federal Minister of Commerce and Industry, emphasizing the collective effort to pave the way for a prosperous future.

The government’s Industries and Production Division will provide secretariat support to the council, which plans to convene weekly meetings and present its final report within ten weeks, according to the statement.

The notice further outlined that the Minister for Industries and Production will serve as the convener and chairman of the Industry Advisory Council. If necessary, the chairman may co-opt individuals from the public or private sector.

Private sector representation within the council includes notable figures:

  • Fawad Ahmed Mukhtar
  • Muhammad Ali Tabba
  • Waqar Ahmed Malik
  • Abdul Samad Dawood
  • Raza Mansha
  • Shahzad Asghar Ali
  • Samir Chinoy
  • Amir Fayyaz Sheikh
  • Shahbaz Yaseen Malik
  • Ahsan Bashir
  • Syed Hyder Ali
  • Farooq Naseem

Members representing the public sector include Additional Secretary (In-charge), I&P Division; Secretary, Finance Division; Secretary, Commerce Division; Chairman, Federal Board of Revenue; and Chief Secretaries of the provincial governments (including GB & AJK). Additionally, the Joint Secretary (IF), I&P Division, will serve as the Secretary Committee.

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