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President Federation of Pakistan Chambers of Commerce and Industry expresses concern over additional cut in gas supply to industrial units located in Punjab

Islamabad, April 11, 2013 (PPI-OT): Mr. Zubair Ahmed Malik, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed great concern over the additional cut in gas supply to industrial units located in Punjab, whereby the power distribution companies have decided to cut supplies to the textile industry on 11kv independent feeders from 6pm to midnight every day for an indefinite period.

Mr. Zubair Malik said that the Government had announced uninterrupted gas supply to industrial units in Faisalabad from Monday (6 am) to Thursday (6 am), but this pledge had not been honored. As a result, several major industrial units in Punjab remain closed. Industrialists have had to face severe financial losses, as they have already scheduled their production plans.

The gas suspension has also led to an increase in the miseries of daily wage workers. He said that four days a week gas load shedding had already crippled industrial activities in Punjab, while the additional gas cut would bring economic activities to a complete halt and badly hit the export performance of the country.

He said that the interim government must give priority to resolving this matter in order to revive economic activities in the country. Being apolitical, it was expected that the interim government would be able to take tough measures against power thieves and order the recovery of billions of Rupees from the defaulters. He urged the caretaker government to play its expected neutral role and address the grievances faced by industry of the country.

Mr. Malik further said that businesses and industries are already passing through un-conducive business conditions of high cost of inputs and poor law and order. He urged the government and SNGPL to immediately restore gas supply to the industries in Punjab and also announce seven days a week of gas supply to make up for the production losses.

For more information, contact:
Syed Masood Alam Rizvi
Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road,
Shahra-e-Firdousi,
Karachi-75600, Pakistan
Tel: 0092-21-35873691, 93-94
Fax: +9221 3587 4332
Email: info@fpcci.com.pk
URL: www.fpcci.com.pk

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