Islamabad Chamber of Commerce and Industry urges newly elected parliamentarians from Islamabad to resolve issue of Rent Control Act

Islamabad, May 22, 2013 (PPI-OT): A delegation of Islamabad Chamber of Commerce and Industry (ICCI) led by its President, Mr.Zafar Bakhtawari have a meeting with Mr.Tariq Fazal Chaudhary and congratulated him on winning election from NA-49 Islamabad in recent Elections.

Speaking on the occasion, Mr.Tariq Fazal Chaudhary said that he would make all-out efforts for the development of rural parts of Islamabad as NA-49 consists on 70 percent rural parts of Islamabad and 30 percent urban areas.

He said that his party would launch development projects throughout the country as PML-N leadership had already delivered various development projects to the masses in past and it would continue its struggle to make the country prosperous.

Mr.Zafar Bakhtawari, President ICCI informed the newly elected MNA about various problems faced by business community. He highlighted the problem of balanced rent control because non-existence of a balanced rent law in the federal capital was the main cause of rising rent disputes between tenants and landlords.

ICCI President said political stability is a pre-requisite for economic growth and development of the country in the prevailing global scenario to offset the future fiscal challenges. There should have been plan for practicing good governance for sustaining and maintaining a sound political and socio-economic system in the country, he maintained.

He urged the leaders of all the political parties to help strengthen democratic system in the national interest and said that political stability was a key factor worldwide for economic development and restoring confidence of foreign and local investors.

Mr.Bakhtawari informed Mr.Tariq Fazal Chaudhary that ICCI and CCCI were jointly working for establishing industrial estate on Chakwal Moterway which would bring further prosperity in this area. ICCI President said that business community of Islamabad attached high hopes from newly elected members of National Assembly to help in establishing industrial estate for Potohar region.

He expresses hope that Mr.Tariq Fazal Chaudhary that he would do his best for the development of rural areas of Islamabad as well as further development of urban areas. He said that the business community is optimistic that their problems will be resolved under the new leadership.

For more information, contact:
Islamabad Chamber of Commerce and Industry
Chamber House, Aiwan-e-Sanat-o-Tijarat Road,
Mauve Area, G-8/1,
Islamabad, Pakistan
Tel: +9251 225 0526 and 225 3145
Fax: +9251 225 2950

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