Young Global Leaders Forge Partnership with Musharraf, Tourism Companies

28 January 2006 - Davos, Switzerland

Members of The Forum of Young Global Leaders met on Friday 27 January with Pakistani President Pervez Musharraf and business leaders in the aviation, travel & tourism industries to discuss progress and solicit financial support for the Kaghan Valley Development Organization (KVDO), a new public-private partnership aimed at the long-term reconstruction of the regions affected by the 8 October earthquake.

The KVDO, a collaboration between the Government of Pakistan, the private sector and the Forum of Young Global Leaders, seeks to rebuild the tourism infrastructure so critical to the greater Kaghan Valley region through the disbursement of concessional and low-interest loans. Prior to the earthquake, over 400,000 tourists visited the region each year.

President Musharraf gave his full support to the initiative which will be led by Young Global Leaders Michelle Guthrie, Chief Executive Officer of Star Group, Hong Kong SAR, and Awais Ahmad Khan Leghari, Minister of Information Technology of Pakistan.

KVDO will be headquartered in Pakistan and overseen jointly by the Government of Pakistan and The Forum of Young Global Leaders.

For more information and a detailed list of all Young Global Leaders, please visit www.younggloballeaders.org


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The Forum of Young Global Leaders is an independent, Geneva, Switzerland-based foundation whose mission is to build a unique, multistakeholder community of the world’s most extraordinary leaders under the age of 40 and give them a platform to collaborate and shape best practices for the future of the world. Each year we identify and mobilize a new group of 200 exceptional men and women in business, politics, academia, the media and civil society from every region in the world. Together, they form a powerful international force for the global common good.