About the Author: Alberto Rodriguez serves as Spokesperson at the U.S. Embassy in Islamabad, Pakistan.
U.S. Ambassador Cameron Munter honored the winners of the Pakistan Fast Growth 25 Contest and highlighted their role as job creators at a ceremony at his residence on Monday, January 24. The Pakistan Fast Growth 25, a ranking of fast growth entrepreneurial companies, was organized by AllWorld Network in partnership with Harvard Business School and launched in collaboration with JS Bank Limited.
Speaking at the event, Ambassador Munter said, "Tonight we have come together to celebrate the 25 fastest growing companies in Pakistan. They represent areas as diverse as telecommunications, agriculture, and textiles. They represent high growth rates and the creation of 12,000 jobs. But most importantly, they represent innovation and entrepreneurship -- and a bright future for this great nation."
This event was the latest stage of the U.S. government's long-term commitment to support sustained economic growth in Pakistan by encouraging innovative firms that generate employment and integrate new technologies into the national economy.
Pakistan's Minister of Finance Dr. Adbul Hafeez Shaikh and AllWorld Co-Founder Anne Habiby also attended.
As a group, the Pakistan Fast Growth 25 winners broke AllWorld records for similar contests in eight other countries, posting an 81 percent annual growth rate between 2007 and 2009. The winners will have the opportunity to network with other AllWorld winners from the Middle East, Asia, and Africa and attend the AllWorld Summit at Harvard University in Cambridge, Massachusetts, USA in November 2011.
The full list of the Pakistan Fast Growth wining companies can be found here.