Islamabad Chamber of Commerce - Role of Chambers of Commerce in the Real Estate Sector of Pakistan.
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In the umbrella of Federation of Pakistan Chambers of Commerce & Industry (FPCCI), there are 59 Chambers of Commerce and Industry, 17 Women’s Chambers, 9 for Small Traders, 130 All Pakistan Trade Associations, and 7 Joint Chambers of Commerce representing Industry, Trade and Service sectors across Pakistan. Here, we are highlighting the efforts of one of the active chambers, Islamabad Chamber of Commerce & Industry (ICCI).

Islamabad Chamber of Commerce and Industry

Islamabad Chamber of Commerce and Industry was established in 1984. It came under the Companies Act VIII of 1913 on 26 August 1984 as a Limited Company by Guarantee. It is a registered office in Islamabad and comes under the jurisdiction covering the Federal Capital Area.

It is affiliated with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). This body is an apex at the national level and is affiliated with the International Chamber of Commerce and Industry. The affairs of this Chamber are looked after by an elected Executive committee headed by the President and assisted by two Vice Presidents.

How ICCI operates?

This Chamber promotes trade, industrial & SME development through local and foreign economic empowerment of real estate, income tax & sales tax customs, banking and finance, energy efficiency, and much more.

Primarily, it is operated through an Executive Committee and a sub-committee that pools knowledge and experience for the business community. It is a common platform for interaction between the industry, trade, and services.

The elected members are foreign diplomats, senior government officials, federal, provincial, NGOs, and stakeholders. It recommends the government on trade and investment-related policies.

It operates and promotes entrepreneurship culture for youth and women and organizes various training seminars, conferences, and workshops in all fields and sectors.

Uncertain increases in taxes have stagnated the businesses in real estate. The government should rationalize all these taxes to relieve the real estate to improve the business environment and ultimately contribute to the country’s economic development.

All the members of the Chamber of Commerce and Industry at a general Islamabad meeting gathered together to bring together the government in collaboration with the real estate industry to create a conducive ecosystem for the real estate sector and the construction industry.

ICCI and Real Estate Sector of Pakistan

ICCI has played a vital role in upgrading the Real Estate Sector of Pakistan. It has taken the initiative to revive the economy as this sector is the backbone of the economy. Ahsan Zafar Bakhtawari, President of the Islamabad Chamber of Commerce and Industry, has called on the government to take the country out of the unfortunate turmoil.

This is only possible once the real estate sector connects with around 70 business industries vs. the Construction sector. It will boost growth and stimulate allied industries’ economic growth.

Chakor Ventures – Revolutionizing Commercial Real Estate in Pakistan

We are thrilled to announce that Chakor Ventures has achieved another milestone – by being part of the most prestigious Islamabad Chamber of Commerce & Industry. Two important and prestigious members of the Chamber of Islamabad, President Ahsan Baktawari and Former Vice President Khalid Choudhry along with the other potential business community members, have joined hands with Chakor ventures to grow and innovate here with us to new collaborations and endless opportunities.

Team Chakor Ventures has showcased its efforts and dedication to be part of this highly recognized Islamabad Chamber of Commerce & Industry. Team Chakor Venture’s never-ending day and night enthusiastic aims to be part of a premium commercial business center has achieved its target.

Islamabad Chamber of Commerce & Industry will help Chakor Ventures to put forward its more significant support, business ideology, and conventions on a national/ International level. Moreover, it will be under Companies Act VII of 1913, so its jurisdiction will spread Chakor Ventures’ existence over the entire Federal Capital Area (Urban and Rural).

Chakor Ventures and the Islamabad Chamber of Commerce & Industry will further enhance the various informative resources within the business economy and guide entrepreneurship series for Youth and Women, too. Islamabad Chamber of Commerce & Industry and Chakor Ventures will advance to develop, safeguard, and promote authentic rights/ privileges for traders, industrialists, and service providers so that individuals, companies, firms, and corporations are engaged within the industry.

This is a significant revolutionary step Chakor Ventures took to be part of ICCI and bring in due diligent evolution in the Commercial Real Estate of Pakistan. It will inculcate and stimulate the spirit of cooperation and coordination and foster mutual understanding amongst the members of the Chamber and the potential realtors, businesses, and commerce industry participants.

CHAKOR VENTURES-ISLAMABAD CHAMBER OF COMMERCE

Nestled in the heart of Blue Area Islamabad is the exemplary business innovation and entrepreneurial spirit renowned as Chakor Ventures. A project by this great business venture is Citadel 7, which has a well-structured design with top-notch amenities. Chakor Ventures has played an integral role in fostering the partnership economic boost and is a live platform for businesses to thrive. It has finally secured a reputable and respectable position in the Islamabad Chamber of Commerce.

This great commercial real estate provides the most innovative and updated facilities, like a roof-top jogging track. Pakistan’s first commercial real estate offers this roof-top jogging facility for its employees.

In this blog, we will take you on a journey through the corridors of Chakor Ventures, shedding light on their efforts to the local business landscape and their vision for a prosperous and well-built Islamabad.

Connecting Business Minds: Chakor Ventures at ICCI

Chakor Ventures, within the bustling business happening in ICCI, will stand as a bridge that unites the visionary ideology of entrepreneurship and business leaders. Also, it will foster an unwavering commitment to mediate growth and encourage the local business ecosystem prevailing within the capital of Pakistan, Islamabad, and its adjusting areas like Blue Area Islamabad.

Chakor Ventures at ICCI will create opportunities, collaboration, and innovation and encapsulate the spirit of entrepreneurship and the power of collaborating with a collective intelligence that will be vital in reshaping and further shaping commerce in Islamabad. Chakor Ventures has ignited its path by collaborating with ICCI to build a business community in Islamabad.

Chakor Ventures: A Beacon of Entrepreneurship in Islamabad

Chakor Ventures is a beacon of entrepreneurship in Islamabad as it provides a platform for emerging businesses and nurtures startup growth. It is creating a culture of ambitions and resilience embodying the well-defined entrepreneurship within Islamabad.

This will support the ecosystem to flourish the business ideology, thriving startups-commerce, and bring in success stories for the future.

Chakor Ventures: Shaping the Future of Business in Islamabad

Chakor Ventures, along with ICCI, has aimed to highlight the issues for the business community through recommendations by the government on trade and investment-related policies to raise voice for members of trade, commerce, industry, and service sectors at relevant platforms to conduce ease for doing business.

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