AJKCCI

AcronymDefinition
AJKCCIAzad Jammu and Kashmir Chamber of Commerce and Industry
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"We have already moved recommendations to the state-run Board of Investment and the AJK government for the early provision of required incentives mostly the for expanding the existing five-year tax holidays period to ten years for the new and sick industrial units in AJK", said the AJKCCI President adding that immediate supply of sui natural gas, uninterrupted power supply, water and a mega bridge linking Mirpur city with the New Industrial Estate Mirpur were also the need of hour to revive the stagnant industrialization process in Mirpur and Bhimbher district - where the industrial estates were giving the look of the graveyard of the abandoned Industries.
Non of the rival candidates jumped to contest against the newly-elected all three unopposed victorious office bearers of the AJKCCI, Mirpur by the end of the stipulated date fixed for filing of the nomination papers for the elections to the AJKCCI Mirpur, the sources added.
The AJKCCI President was accompanied by other office bearers and members of the business fraternity during visit to the press club.
'We have already moved recommendations to the state-run Board of Investment and the AJK government for the early provision of required incentives mostly the for expanding the existing five-year tax holidays period to ten years for the new and sick industrial units in AJK', said the AJKCCI President adding that immediate supply of sui natural gas, uninterrupted power supply, water and a mega bridge linking Mirpur city with the New Industrial Estate Mirpur were also the need of hour to revive the stagnant industrialization process in Mirpur and Bhimbher district - where the industrial estates were giving the look of the graveyard of the abandoned Industries.
Newly-elected AJKCCI President Muhammad Azeem Mushtaq told Media here on Thursday that his chamber has already moved recommendations to the AJK government by devising a strategy for early revival of over 70 sick Industrial units located in Mirpur and Bhimbher districts and to promote the industrialisation process in both the districts as well as in other parts of the liberated territory.
They were received at Mangla Bridge, the gateway to this part of Kashmir, by hundreds of the jubilant including the sports lovers including AJK minister for sports, youth and culture Chaudhry Mohammad Saeed, DG MDA Ejaz Raza Chaudhry, city Administrator Tahir Mirza, President AJKCCI Sohail Shujah Mujahdi, ex city administrator Haji Ghulam RAsool Awami, President NGOs Council Dr Tahir Mahmood and Executive Director KISE Dr.
ELECTIONS: Sohail Shujah Mujahid, nominee of the Founders Group, has been elected unopposed as the president of Azad Jammu Kashmir Chamber of Commerce and Industry, Mirpur for 2018-2019, AJKCCI sources said.
Vice President AJKCCI Raja Khalid Mahmood, ex President Kashmir Press Club Mirpur and Secretary General NEOC Altaf Hamid Rao, JI AJK leader Qazi Tanveer Ahmed and others said that India also adopted the aggressive approach through such mean tactics of the violation of the Line of Control whenever the international community exert pressure on New Delhi to settle Kashmir issue through meaningful talks with Pakistan.
The former President of AJKCCI said that the people of Azad Jammu Kashmir have the legitimate right to understand the objective of the alleged nefarious designs advertiser clique was aimed at to frustrate and foil the existing industries in AJK - besides to discourage and mislead the intending entrepreneur through showing the baseless bleak picture of the AJK-based industry forcing them to avert from making investment in the rising industrial sector of AJK.
Javed Iqbal, also a former DG of the Mirpur Development Authority in outgoing PPP regime, won the election as Vice President of the FPCCI on the reserved slot of the AJKCCI being the candidate of the victorious panel of veteran businessman Iftikhar Malik in the elections held.
The AJKCCI leader also appreciated increase in the salaries of the workers of private and public sector organizations besides suitable raise in the pensions of the retired government employees.
MIRPUR (AJK) -- Azad Jammu and Kashmir Chamber of Commerce and Industry (AJKCCI) has appreciated the scheme introduced by the federal government honoring the highest tax payers of the country including AJK.