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Traders call for early enactment of rent control law for Islamabad

Islamabad, November 24, 2017 (PPI-OT):A delegation of local traders led by Khalid Chaudhry, Chairman ICCI Traders Welfare Sub-Committee and Secretary Traders Action Committee, Islamabad called on Muhammad Naved, Senior Vice President and Nisar Ahmed Mirza Vice President, Islamabad Chamber of Commerce and Industry and apprised them of the problems being faced by the trading community due to absence of a rent control law in Islamabad.

Addressing the delegation, Muhammad Naveed, Senior Vice President ICCI said that promulgation of a new rent control act for Islamabad was a long standing demand of traders as due to its non-availability, rent disputes of traders were on the rise that could create many problems.

He said draft of a balanced rent law was prepared with the efforts of ICCI in coordination with other stakeholders and Mian Abdul Manan MNA had presented its draft bill in the National Assembly long time ago, but it has not been passed into law as yet. He stressed upon the government to play role for early passage of said draft bill into law from the parliament to save the local traders from further problems.

Nisar Mirza, Vice President ICCI said that Chamber would fully support the future course of action finalized by the local traders to pressurize the government for promulgation of new rent law in Islamabad. He said due to absence of said law, traders were feeling insecure and it was not possible for them to promote business activities with peace of mind.

Speaking at the occasion, Khalid Chaudhry, Chairman ICCI Traders Welfare Sub-Committee and Secretary Traders Action Committee, Islamabad said that representatives of all markets in Islamabad have decided to resist forced expulsion of traders from shops and urged that Chamber should play role for new rent law to resolve this issue once for all.

He said traders would address a press conference soon on this issue in the National Press Club and invited the office bearers of ICCI to join the said press conference. He cautioned that if promulgation of new rent law further delayed, it would create more problems for traders and could disturb the peace of the city. He assured that traders would fully support the ICCI in its endeavours aimed at resolving the rent control law issue in Islamabad.

For more information, contact:
Islamabad Chamber of Commerce and Industry (ICCI)
Chamber House, Aiwan-e-Sanat-o-Tijarat Road,
Mauve Area, G-8/1,
Islamabad, Pakistan
Tel: +9251 225 0526, 2253145, 8432676
Fax: +9251 225 2950
Email: icci@brain.net.pk
Website: www.icci.com.pk

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