Trade bodies seek solution for power crisis on urgent basis

The Lahore Chamber of Commerce and Industry (LCCI) initiative to bring together all the stakeholders at one platform for finding out a solution to ongoing economic and energy crises would definitely help the government to adopt a methodology to overcome the situation that is fast getting out of hands.
A number of office bearers of various trade bodies expressed these views while addressing a meeting in connection with LCCI All Pakistan Trade Bodies Conference on Monday.
The office bearers included; Chairman Pakistan Industrial and Traders Associations Front (PIAF) Irfan Qaiser, Vice Chairmen Iqbal Baig Chugtai, Khawaja Shahzeb Akram, Chairman Lahore Township Industries Association Amjad Ali Jawa, Chairman All Pakistan Textile Mills Association (APTMA) Punjab Zone Akbar Sheikh, Chairman PAPAAM Malik Mohammad Aslam, Chairman Pakistan Association of Autoparts Exporters Tahir Javed Malik, President Anjuman-e-Tajiran Urdu Bazar Khalid Pervaiz, Paper Market leaders Khalid Javed, Khamis Saeed Butt, President Anjuman-e-Tajiran Plastic Market Haji Munir, Chairman Anjuman-e-Tajiran Plastic Market Haji Mohammad Rafique and Hafiz Munir of Kasur Weaving Factories Association.
All the trade leaders had one voice that the electricity shortage issue should be solved on priority basis because in the absence of continued supply of electricity no package would work. They said that eight months have gone since the present government took charge but unfortunately situation is going from bad to worse with every passing day. They said that the law and order situation is not only discouraging the foreign investors but the local businessmen are reluctant to put their money in any new venture.
The business community leaders said that there is no doubt in it that the State Bank of Pakistan had adopted a pragmatic approach by coming up with a package for financial sector but the priority should be given to the restoration of confidence of business community. They hoped that the government would give a sympathetic consideration to proposals and suggestions finalised at the LCCI All Pakistan Trade Bodies Conference as that would be the voice of the business community of whole country.