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Pakistan’s corporate sector now appears to have achieved the
required critical mass to play its due role in the development of
the Country.
As is well known, USA was developed by corporate America, Japan by
Japan Inc., and Europe also by its corporate sector. The history of
joint stock companies is over 250 years old and these entities have
played a vital role in the development of the Western economies.
The corporate sector in India is also beginning to play its due
role. However, in Pakistan this has been lagging behind. The
Pakistani corporate sector is presently busy in making money and
some companies and groups have now enough. What is needed is to
assist the corporate sector in understanding the dynamics of the
macro-economics and social sectors of the Country. Further, based on
this, interventions, projects and programs need to be developed for
implementation. A think tank and a research center with a focus on
the corporate sector is needed in the Country as they exist in USA,
Europe, Japan and even India.
Pakistan Corporate Development Centre will be primarily focused at Pakistan’s growing corporate
sector with a view to assisting in its development on sustainable
basis and for assisting the corporate sector in playing its due role
in the development of Pakistan.
As such the target beneficiaries of PCDC’s outputs will be
Pakistan’s corporate sector, the citizens and civil society, and the
government.
PCDC’s products and services will be market driven so that it is
able to not only generate required revenues for its operations and
growth but also to ensure its relevance to the above mentioned
target audience.
In addition to the above primary target groups, PCDC may
undertake research projects and special studies for multi-lateral
and bilateral funding agencies. These may include UN agencies, World
Bank, ADB, IDB, USAID, CIDA, NORAD, SDC, GTZ, DGIS, AUSAID, DFID,
etc.. However, in studies and projects for the above, it will be
ensured that the interest of Pakistan, its corporate sector and the
citizens are well protected.
To meet this challenge, the founding members of PCDC mobilized to
form a Professional Organization that can provide the corporate and
business sector of Pakistan a platform to be used for the
development of the sector in particular, and in furthering the
socio-economic gains of Pakistan in general.