Hundreds of industrial units have shut down during 2010-11 across the country due to load shedding, high cost of borrowing, law and order situation, outstanding liabilities to commercial banks and ongoing global recession, official sources in Ministry of Industries and Production (MoI&P) told Business Recorder.
The sources said, MoI&P had sought details of shut down units from the provincial governments along with reasons. Punjab has dispatched the list to the MoI&P whereas Khyber Pakhtunkhawa has revealed that the data of sick/closed down units will be collected at the end of 2010-11 and have reported 54 industrial units that closed down during 2009-10.
Balochistan government has provided a list for the last two years while Sindh government has not provided the requisite information yet. The list of industrial units closed down during 2010-11 in Punjab is as follows:
(1)Hassain Block Industry Daska Road Sialkot, (financial problems, energy crisis, high rates by carriage and high demand of Pvs pipe); (2)Thal Flour Mills, Kotla Naseer, Rajanpur ( financial problem); (3) Ghilzai Flour Mills Rajanpur (financial problem); (4) Decent Paper Mills (Pvt) Ltd, Khanewal (financial problems); (5) Noman Fibre (Pvt) Ltd Pakpattan Road Haveililakha, Okara (financial problems); (6) Baba Farid Ghee Mills (Pvt) Ltd, Okara( financial problem); (7) Chand Rice Mills, Chak Syed Nagar Mandi Ahmedabad Depalpur, Okara (financial problem); (8) Sulaman Textile (Pvt) Ltd Depalpur Road, Okara( financial problems); (9) Mubarak Fabric (Pvt) Ltd 4 K.M. Depalpur Road, Okara (financial problem; (10) Amtul Subhan Textile(Pvt) 4.K.M.Depalpure Road, Okara-(financial problem); (11) Imran Siddiqui Rice Mills Gujranwala Raod, Hafizabad,(financial problem); (12) Five Star Zizing Khallo Road, Hafisabad( financial problem); (13) Mushtaq Flour Mills Road, Hafiabad( load shedding and financial problems); (14) National Flour Mills Jhaggawala Road, Hafizabad ( load shedding and financial problem); (15) Montgomery Flour and General Mills Ltd Ghee section, G.T. Road, Sahiwal (financial problems); (16) Montgomery Flour and General Mills, flour mills (financial problems); (17) Gill Cotton Factory 6/11 Chichawatni- cotton ginning and pressing( financial problems); (18) Ntr Board (Pvt) Ltd Chah No 113-124, Kotla Nadeem Shaheed Chichawatni, Sahiwal (financial problems); (19) Ali Cotton, Ginning and Pressing Factory, Ghaziabad Burewala Road Chichawatni, Sahiwal (financial problems); (20) Generation World 10.5 Kirawala Road off Jaranwla Road Faisalabad(load shedding and financial problem).
(21) US Capital Textile (Pvt) Ltd 220 Rb Judgewala, Faisalabad (Load Shedding & financial Problem); (22) Faizan Corporation (Pvt) Ltd Yousaf Chowk Sargodha Road, Faisalabad (Load Shedding & financial Problem); (23) Dawn Garments (Pvt) Ltd Bashir Town Judgewala, Faisalabad (Load Shedding & financial Problem); (23) Ishan Habib Textile Industries (Pvt) Pull Samana Sargodha Road, Faisalabad (Load Shedding & financial Problems); (24) Farooq Fayyaz Textile (Pvt) Ltd Pull Samana Sargodha Road, Faisalabad (Load Shedding and financial Problems); (25) Mubarik Processing Industries Pull Samana Sargodha Road, Faisalabad (Load Shedding & financial Problem); (26) Nafees Textile Processing Industries 825-B, Psie Sargodha Road, Faisalabad (Financial problems); (27) Dewan Cotton Factory Multan Road, Lodhran (Financial problems);
The list of units closed down in HUB Industrial Trading Estate (HITE), Balochistan is as follows: (1) M/s Shell International- Food Industry; (2) M/s Al-Amir Paper Mills, Manufacturing Paper & Allied; (3) M/s Ventex Industries, Textile Finishing & Product; (4) M/s Shareef Match Industries (Pvt) Ltd, Match Industry; (5) M/s Semnan Product, Rubber Industry; (6) M/s Semnan Industry, Textile Made Industry; (7) M/s Platinum Packages, Packaging Industry; (8) Marble City, Gaddani- M/s Balochistan Development Authority, BDA, Marble Processing Industry; (9) M/s Rao Marble, Marble Processing Industry; (10) M/s Anari Marble, Marble Processing Industry; (11) M/s Javed Enterprises, Marble Processing Industry; (12) M/s Mehran Stone, Marble Processing Industry; (13) M/s Mehran Brothers Marble, Marble Processing Industry; Winder Industrial Trading Estate (WITE)- M/s Sethi International, Electronics Industry.
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