Session on "CPEC and Role of Business"


Tuesday, September 26, 2017

Dr Salman Shah, former minister of finance and advisor on finance to the Prime Minister, spoke to a packed audience on Friday, 22 September, 2017 at the Suleman Dawood School of Business at LUMS.  He spoke about the role of business in creating a manufacturing base in the region and the important role that CPEC can play towards that. He was of the view that without institutional and human resource development, we may not be fully able to get benefits of the project. He was also of the view that contrary to the view of some people, CPEC would bring in benefits for our economy if we think China as our market and hence increase the market for our goods.  Dr Shah served as finance minister of Pakistan from 2004 to 2008, a period of extensive economic reform and change. His tenure was significant for the development of the private sector, large FDI flows into the country and a successful return to international capital markets with the issuance of global depositary receipts, Eurobonds and Islamic Sukuk bonds. The event was well attended by senior management professionals, LUMS MBA students, PhD management students, and LUMS alumni.