Dalian: The Competitiveness Support Fund, the partner institution of the World Economic Forum in Pakistan, will be participating, along with the key private sector leaders and government representatives in the Dalian Conference on September 6 to 8. The Competitiveness Support Fund (CSF), a joint initiative of the Ministry of Finance and the United States Agency for International Development (USAID), has been instrumental in assisting the World Economic Forum in identifying the next generation of global business champions in Pakistan.
The meeting described as a “Summer Davos”, is organized together with the Chinese government. The gathering will focus on the role that new and fast-emerging multinational companies are playing in fundamentally changing of the global business landscape. By addressing key issues hindering economic growth in Pakistan, CSF has been successful in creating partnerships between the private sector leaders, government and academia to respond to the challenges and opportunities of the globalized economy.
The Pakistan Business Council (PBC) will be leading the delegation of private sector and corporate leaders for the conference. Competitiveness Support Fund and PBC signed a memorandum of understanding in August 2007 to undertake joint initiatives in engaging the government, research institutes, academia and the private sector in developing evidence-based advice on changes in legislation relating to public policy initiatives. PBC would also help CSF in achieving its objective of supporting Pakistan’s goal of a more competitive economy by providing input into policy decisions, working to improve regulatory and administrative frameworks and enhancing public-private partnerships within the country.
CSF supports Pakistan’s goal to have a competitive economy by providing input into policy decisions, working to improve regulatory and administrative frameworks and enhancing public-private partnerships within the country. CSF also provides technical assistance and co-financing for initiatives related to entrepreneurship, business incubators and private-sector-led initiatives with research institutes and universities that contribute to creating a knowledge-driven economy.
Based on the final selection, more than 1,500 participants are expected in Dalian at the inaugural annual meeting. The Competitiveness Support Fund has already conducted the Executive Opinion Surveys of the business community for the Global Competitiveness Report 2007-08 (GCR) of the World Economic Forum.
The report is expected to be launched by the end of October 2007. CSF will be releasing the State of Pakistan’s Competitiveness Report for 2008 early next year on the indicators of the Global Competitiveness Report 2007-08.-SANA