Business Plan competition won by the Lahore University of Management Sciences

Lahore: LCCI Business Plan competition was won by the Lahore University of Management Sciences (LUMs) while a student of University of Veterinary and Animal Sciences took first position in the LCCI Photography Competition.

Business Plan Competition was held at Chief Minister House while the photography Competition was held a City Heritage Museum on Tuesday. MNA Hamza Shahbaz Sharif was the Chief Guest at both the functions which were part of the Lahore Shopping Festival 2012.

Second and Third prizes of the Business Plan Competition went to Lahore College for Women University and the University of Management and Technology. At the photography Competition both second and third prizes went to the Punjab University.

The LCCI President Irfan Qaiser Sheikh, Senior Vice President Kashif Younis Meher, Vice President Saeeda Nazar, Sheikh Mohammad Arshad, MNA Pervaiz Malik and LCCI Executive Committee Member Nasir Saeed were among the speakers.

The winners of the photography competition included Jamal Nasir of University of Veterinary and animal Sciences, Awais Ali Sheikh and Jawad Khalid of Punjab University respectively. The Business Plan that took first three positions included Nutritif Farms, Dehydrated Egg Powder and Mosquito Repellent.

A special prize of Rs. 15000 was given to the University of Engineering and Technology for presenting a plan on Exotic Security Intelligence while another special prize of Rs. 10,000 went to Hailey College of Banking and Finance.

Addressing the participants of the Business Plan and Photo competitions, the MNA Hamza Shahbaz Sharif said that the education was the only answer to multiple internal and external problems being faced by the country and that the only reason the Punjab government was making all out efforts to impart education to all.

He called for preparation and implementation of long-term policies to bring country out of multiple challenges, it has been for facing for years now.

Hamza Shahbaz Sharif said that the country is fortunate enough that it has more than 50 per cent of its population below the age 25 and they people have the potential to change the destiny of the country that has been facing multiple challenges for quite long now.

He said that is not it very strange that the countries which were far behind Pakistan only 50 years ago are now fast making their place in the developed countries.

He said that the government in consultation of the private would have to evolve out-of-box solution to cope with ongoing crisis like situation.

He said that Lahore Shopping Festival has given a lease of life to the Lahoris who were looking for such beautiful functions. He said that the Punjab government would continue to support all such events aimed at strengthening the economy of the country.

The LCCI President Irfan Qaiser Sheikh urged the students to focus on their studies as the country was in dire need on innovative entrepreneurs. He said that there was no dearth of resources in the country but only thing that has kept it behind in the unawares about the latest business techniques and the education was the only way to success.

He said that the Lahore Chamber would continue to arrange Business Competition plans so that the industry which is suffering because of lacking professionally skilled and competent people could be able to get tailor-made stuff.

The competition would also help students to interact with premier bodies of the business community like Lahore Chamber of Commerce and industry. He also thanked the leading businessmen who performed as jury of the competition.

For more information, contact:
Shahid Khalil
Information Department
Lahore Chamber of Commerce and Industry (LCCI)
11-Shahrah-e-Aiwan-e-Tijarat,
Lahore -54000, Pakistan
Tel: +9242 111 222 499
Fax: +92 42 636 8854

   

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