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LCCI president seeks installation of fire hydrants at market places

Lahore Chamber of Commerce and Industry, while expressing grave concern over loss of billions of rupees and precious lives in repeated fire incidents at Karachi and Lahore, has demanded of the government to ensure installation of Fire Hydrants at the market places which are inaccessible for fire tenders to avoid future mishaps. The LCCI President Ijaz A. Mumtaz said that despite various fire incidents took place in the country during last one decade, no concrete measures had been taken.

He said that although it is the government's task to put Hydrants in inaccessible market places but in case of financial constraints at government level, the private sector should also contribute. He asked the government to announce compensation for the businessmen who have suffered huge losses and also urged the private sector to get fire insurance on their own.

LCCI President said that the fire in Karachi Timber Market and Lahore Anarkali has exposed the weaknesses in the system and there is an urgent need to rectify them on emergent basis. He said that the massive devastation caused by the huge fire could have been averted if the concerned government departments had performed their duties properly and ensured implementation of rules and regulations.

Ijaz A. Mumtaz said that Lahore and Karachi had attained the status of commercial hubs of the country but never ever due attention was given towards up-gradation of fire-fighting equipment to control the situation in case of any such untoward incident. He said that on a number of occasions in the past, the LCCI had invited the attention of concerned authorities towards poor condition of fire-fighting equipment but to no avail. He also stressed the need to launch awareness campaign to avoid fire incidents at business places causing heavy financial losses to the business community.

He said that country had met dozens terrible fire incidents. He said that in the most of cases, fire could easily be controlled but due to lack of fire fighting facilities and poor condition of fire tenders the situation remained out of control. He said that it was the duty of the concerned government departments to ensure fire extinguishers in all the major markets of the country as in a number of incidents the magnitude of the damage caused by fire multiplied because of insufficient arrangements. He urged the government to look into the matter and issue necessary directions in this regard.

Copyright Business Recorder, 2014



 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln