Economics & Business

Industry to collapse due to massive loadshedding

ISLAMABAD: Industry is on the verge of collapse and traders are suffering badly due to massive load shedding and poor law & order situation and government should take urgent remedial measures to steer the trade & industry out of trouble as well as to pave way for growth of economic activities in the country.

Mian Shaukat Masud, President, Islamabad Chamber of Commerce & Industry (ICCI) said this while addressing the newly elected office bearers of Traders Welfare Association, Jinnah Super Market, Islamabad. He said traders should unite themselves on a common platform to fight for their collective cause because they can send a strong message to policy makers and influence government policies in their favour only with unity & strength. He said ICCI always supports the promulgation of a fair and balanced Rent Control Act in Islamabad to stem the rising trend of rent disputes.

Malik Rab Nawaz, newly elected President and Abdur Rehman Siddiqui, General Secretary of Traders Welfare Association, Jinnah Super Market, Islamabad said traders of Jinnah Super have posed their confidence in them and they will leave no stone unturned to come up to their expectations for resolution of their problems. They also expressed their cooperation with ICCI for promoting the interests of business community.

Ajmal Baloch, Organizing Secretary of Traders Action Committee, Islamabad said victory of Traders Group in Jinnah Super Market is the victory of principled politics and just cause. Khalid Javed, Chairman Founder Group, Munawar Mughal, former President ICCI and Malik Zubair Ahmed, Executive Member of SAARC Chamber also addressed the meeting. NNI

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Raheel Hanif

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