ID :
180249
Thu, 05/05/2011 - 18:43
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http://m.oananews.org//node/180249
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Business community protest against load shedding in export-oriented Sialkot
SIALKOT, May 05, 2011 (PPI): The perturbed Sialkot business community has announced to come on the roads as a protest against the forced load shedding of power in export-oriented Sialkot city, which was badly affecting the Sialkot industrial pace, besides, hampering the industrial production here.
The Sialkot based main trade bodies were of the view that this nasty situation was repeatedly brought into the concerned higher officials of Gepco but they still remain unable to give any relief to the Sialkot industries. This protest will start from the second week of May 2011.
Talking to the newsmen here, several leading industrialists, manufacturers and exporters including Muhammad Aslam, Khalid Mehmood, Bashir Hussain, Naeem Raza and Ghulam Rasul were of the view that the situation had become unbearable for them, as the foreign buyers were cancelling their export orders (worth millions of rupees daily), as the Sialkot exporters were unable to timely dispatch their export orders due to prolonged suspension of the power supply in Sialkot.
They said that this nasty situation was also causing a big decline in Sialkot exports. They said that the foreign buyers were diverting their export orders to the other countries from Sialkot-Pakistan and this situation could also prove a set back for the national economy.
They were of the view that it was a forced load shedding of power, which had been imposed on Sialkot business community under a big anti-economical conspiracy, putting the Sialkot industries in to great financial and economical crisis, in this regard.
They made it clear that the exports target fixed by the federal government for the running fiscal year would not be achieved due to these worst circumstances. They said that daily six to eight hours-long forced load shedding of electricity was badly affecting the industrial production in Sialkot factories due to which the hundreds of the labourers and industrial workers were being rendered jobless daily here.
Meanwhile, expressing grave concern over this situation, the President Sialkot Chamber of Commerce and Industry (SCCI) Ghulam Mustafa Chaudhary, Central Chairman Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) Ejaz A Khokhar and representatives of other main trade bodies have urged the federal government to exempt export-oriented Sialkot city from load shedding of electricity to boost the Sialkot industries.
Talking to the newsmen here today, the SCCI President and PRGMEA Central Chairman Ejaz A Khokhar said that the unending load shedding of electricity was badly hampering the industrial pace in Sialkot and affecting the industrial production, as the Sialkot exporters were unable to timely dispatch their export consignments to their foreign buyers due to this critical situation.
They said that Sialkot industries were earning the foreign exchange to the tune of US $ 1.26 billion annually and these exports from Sialkot could also be increased if the Sialkot city is exempted from electricity load shedding, they added.
The Sialkot based main trade bodies were of the view that this nasty situation was repeatedly brought into the concerned higher officials of Gepco but they still remain unable to give any relief to the Sialkot industries. This protest will start from the second week of May 2011.
Talking to the newsmen here, several leading industrialists, manufacturers and exporters including Muhammad Aslam, Khalid Mehmood, Bashir Hussain, Naeem Raza and Ghulam Rasul were of the view that the situation had become unbearable for them, as the foreign buyers were cancelling their export orders (worth millions of rupees daily), as the Sialkot exporters were unable to timely dispatch their export orders due to prolonged suspension of the power supply in Sialkot.
They said that this nasty situation was also causing a big decline in Sialkot exports. They said that the foreign buyers were diverting their export orders to the other countries from Sialkot-Pakistan and this situation could also prove a set back for the national economy.
They were of the view that it was a forced load shedding of power, which had been imposed on Sialkot business community under a big anti-economical conspiracy, putting the Sialkot industries in to great financial and economical crisis, in this regard.
They made it clear that the exports target fixed by the federal government for the running fiscal year would not be achieved due to these worst circumstances. They said that daily six to eight hours-long forced load shedding of electricity was badly affecting the industrial production in Sialkot factories due to which the hundreds of the labourers and industrial workers were being rendered jobless daily here.
Meanwhile, expressing grave concern over this situation, the President Sialkot Chamber of Commerce and Industry (SCCI) Ghulam Mustafa Chaudhary, Central Chairman Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) Ejaz A Khokhar and representatives of other main trade bodies have urged the federal government to exempt export-oriented Sialkot city from load shedding of electricity to boost the Sialkot industries.
Talking to the newsmen here today, the SCCI President and PRGMEA Central Chairman Ejaz A Khokhar said that the unending load shedding of electricity was badly hampering the industrial pace in Sialkot and affecting the industrial production, as the Sialkot exporters were unable to timely dispatch their export consignments to their foreign buyers due to this critical situation.
They said that Sialkot industries were earning the foreign exchange to the tune of US $ 1.26 billion annually and these exports from Sialkot could also be increased if the Sialkot city is exempted from electricity load shedding, they added.
