Islamabad, July 15,2026: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Atif Ikram Sheikh, on Wednesday welcomed the Constitutional Court’s decision to overturn the Supreme Court’s previous rulings regarding the Nasla Tower and Monal cases, describing it as a positive development for investors, the business community and the national economy.
In a statement, Atif Ikram Sheikh said the Constitutional Court’s ruling reflects the state’s commitment to promoting business activity, safeguarding investment and ensuring greater legal certainty for investors.
He noted that earlier decisions had created uncertainty among investors, adversely affecting both domestic and foreign investment. He said restoring confidence through balanced judicial decisions was essential for improving Pakistan’s investment climate.
The FPCCI president emphasized that the business community firmly believes in the rule of law, transparency and compliance with legal and regulatory frameworks. However, he stressed that decisions in such matters should be balanced and pragmatic to ensure investor confidence remains intact and the business environment continues to improve.
“Pakistan is currently in urgent need of investment, employment opportunities and economic stability,” he said, adding that such rulings would help create an investor-friendly environment, strengthen private sector confidence and contribute to the country’s economic recovery.
Atif Ikram Sheikh expressed hope that all state institutions would continue to make decisions that not only uphold the Constitution and the law but also take into account the country’s economic interests, investor confidence and the promotion of business activities.
