KATI expresses concern over interruptions of gas and water supply to Industry

Korangi Association of Trade & Industry expressed concern over interrupted gas and water supply to Industry in a joint statement of the association’s President Danish Khan, Chairman&CEO KITE Zubair Chhaya, Senior Vice President Faraz-ur-Rehman and Vice President Maheen Salman.

Danish Khan said that industry was facing grave issues of higher cost of production and now interruption of gas and water supplies creating more hurdles.

He said that if the situation prevailed it would cause disastrous effects on country’s economy. He referred to a notification of 48 hours’ gas “Holiday” notification for industry.

He said that the reason for this interruption was told maintenance work, but due to already shortage of water faced by industry since weeks’ production was already disturbed, if this continue further finally it would hurt our exports and eventually the economy. He urged the PM Imran Khan, Finance Minister Asad Umer and Advisor for Finance and Industry Abdul Razzaq Dawood to take immediate notice of the situation. He further said that PM Khan vowed to resolve production cost related issues of Industry, we are hopeful but any progress yet to be seen.

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