Pakistan Industrial and Traders Associations Front concerned over longer hour power cuts in industrial areas

Lahore, May 07, 2014 (PPI-OT): Pakistan Industrial and Traders Associations Front (PIAF) on Wednesday expressed grave concern over longer hour power cuts in industrial areas and warned the government of industrial closures if it fails to immediately stop power outages.

Chairman PIAF Malik Tahir Javed was talking to the office-bearers of Trade and Industrial Associations called on him here on Wednesday.

After listening to their point of view, Malik Tahir Javed said that government must give a serious thought the issue of power shortage and a short-term plan should immediately be implemented.

Chairman PIAF said that the government should understand that economic well-being is a must. Unemployment and industrial closures always give birth to lawlessness. Therefore, the government should understand the ground realities and reset its priorities regarding provision of electricity to the industry.

Malik Tahir Javed said that the industry needs a continuous supply of electricity to keep the units operational and to complete the export orders well within the given timeframe but only because of the shortage of electricity the exports are not up to the mark.

He said that Pakistan had already lost a number of international markets and the new longer hour power cuts would further aggravate the situation.

He said that cheaper and uninterrupted power supply is only way to achieve economic targets.
He also feared a surge in street crimes, saying that law and order situation is bound to aggravate in the coming days as repeated power outages in the industrial estates is jacking up the graph of unemployment particularly hitting the daily wagers hard.

He said that the most of industrial units had already reduced their working to single six-hour shift from the previous three shifts system. This had led to increased level of raw-material wastage leaving production process non-profitable.

Now the leading industrial units were experiencing losses despite being managed professionally.
He urged the Prime Minister Mian Nawaz Sharif to take notice of this grave situation and act promptly to save industrial and social fabric of the country.

For more information, Contact:
Khalil-ur-Rehman
Pakistan Industrial and Traders Associations Front
110/s Kot Lakhpat Industrial Estate
Lahore, Pakistan
Phone: (92) 42 5123522
Fax: (92) 42 5123522
Email: Info@piaf.pk

The post Pakistan Industrial and Traders Associations Front concerned over longer hour power cuts in industrial areas appeared first on Business News Pakistan.

The post Pakistan Industrial and Traders Associations Front concerned over longer hour power cuts in industrial areas appeared first on AsiaNet-Pakistan.

Leave a Reply