Late Justice Shehbaz Khan will be remembered for his endeavors and endless efforts for the establishment of this institution in 1995 The Gilgit-Baltistan Chamber of Commerce & Industry, Gilgit has been established and started its functions here with effect from 15th February 1995 under section 3 of the Trade Organizations Ordinance 1961 (XLV of 1961) vide license No. 44 Ministry of Commerce, Government of Pakistan.
It was for the first time in the history of Gilgit Baltistan and then NAs, that individual efforts rendered by the Founder President Late Justice Shehbaz Khan gave rise to the establishment of NACCI. Those unforgettable services from Late President Shehbaz Khan gifted people of Northern Areas the first Recognized, government approved Trade body , that came into being for the protection of local traders and giving boost to the trading activities with bordering Peoples Republic of China.From the very first brick to the whole stemmed institution, the Gilgit Baltistan Chamber of Commerce & Industry was raised from scratch to an institution with a repute country wide. Late Justice Shehbaz Khan remained UN-opposed president of this chamber for ten years consecutively. In 2006, he stepped down because of his commitments towards his personal issues, and the GBCCI honored him by declaring him Life Chairman of GBCCI.
In 2010 when Northern Areas were given name the Gilgit Baltistan, NACCI nomenclature was likewise changed to GBCCI, and thereafter when other chambers of commerce came into being, now it has got the tag of Gilgit Chamber of Commerce & Industry with a membership base of more than 6000 registered firms/individuals/companies.
FUTURE PLANS / SUGGESTIONS
1. DECLARATION OF GILGIT-BALTISTAN AS SPECIAL ECONOMIC ZONE.
2. EXEMPTION OF DUTIES ON IMPORT OF LPG AND COAL FROM CHINA & CENTRAL ASIA.
3. LINKING OF GILGIT-BALTISTAN WITH NATIONAL GRID.
4. CONSTRUCTION OF TAJIKISTAN ROAD.
5. OPENING OF KKH WHOLE YEAR.
6. CONSTRUCTION OF INTERNATIONAL AIRPORT IN GILGIT.
7. RESOLVE THE PROBLEMS OF TRADERS DUE TO ATTABAD LAKE.
8. ESTABLISHMENT OF FOOD PROCESSING ZONE IN GILGIT-BALTISTAN.