AIRLINK 77.51 Increased By ▲ 0.53 (0.69%)
BOP 4.80 Decreased By ▼ -0.07 (-1.44%)
CNERGY 4.23 Increased By ▲ 0.01 (0.24%)
DFML 41.85 Increased By ▲ 0.06 (0.14%)
DGKC 85.85 Increased By ▲ 1.12 (1.32%)
FCCL 22.58 Increased By ▲ 0.19 (0.85%)
FFBL 30.30 Decreased By ▼ -1.15 (-3.66%)
FFL 9.27 Decreased By ▼ -0.08 (-0.86%)
GGL 10.64 Increased By ▲ 0.48 (4.72%)
HASCOL 6.37 Decreased By ▼ -0.04 (-0.62%)
HBL 109.83 Increased By ▲ 1.23 (1.13%)
HUBC 141.10 Increased By ▲ 0.61 (0.43%)
HUMNL 10.40 Decreased By ▼ -0.12 (-1.14%)
KEL 4.82 Decreased By ▼ -0.03 (-0.62%)
KOSM 4.48 Increased By ▲ 0.25 (5.91%)
MLCF 37.75 Increased By ▲ 0.06 (0.16%)
OGDC 126.70 Increased By ▲ 0.06 (0.05%)
PAEL 24.92 Decreased By ▼ -0.11 (-0.44%)
PIBTL 6.26 No Change ▼ 0.00 (0%)
PPL 117.55 Increased By ▲ 1.26 (1.08%)
PRL 25.46 Decreased By ▼ -0.28 (-1.09%)
PTC 13.58 Decreased By ▼ -0.02 (-0.15%)
SEARL 56.75 Increased By ▲ 0.16 (0.28%)
SNGP 63.50 Increased By ▲ 0.30 (0.47%)
SSGC 9.93 Decreased By ▼ -0.05 (-0.5%)
TELE 8.03 Increased By ▲ 0.03 (0.38%)
TPLP 10.07 Decreased By ▼ -0.07 (-0.69%)
TRG 66.22 Increased By ▲ 0.20 (0.3%)
UNITY 26.84 Increased By ▲ 0.01 (0.04%)
WTL 1.32 Decreased By ▼ -0.01 (-0.75%)
BR100 7,782 Increased By 9.1 (0.12%)
BR30 25,016 Increased By 53.1 (0.21%)
KSE100 74,286 Increased By 66.8 (0.09%)
KSE30 23,824 Increased By 44.7 (0.19%)

KARACHI: Silani Welfare Trust International (SWTI) has offered financial assistance for the rehabilitation of 348 shops affected by the fire incident in Arshi Shopping Mall.

It is expected that the owners of the affected 348 shops will be able to resume their businesses within a month.

According to details, a devastating fire broke out on December 05, 2023 in Arshi Shopping Mall in the Federal B Area, claiming the lives of five people, while 348 shops and their contents were reduced to ashes.

After the incident, shopkeepers demanded compensation for their losses from every political party and the government. However, according to shopkeepers, they have only been met with verbal promises so far.

During a meeting with the representatives of Silani Welfare Trust, the responsible individuals, led by Afzal Chamdia, interacted with the affected shopkeepers. The shopkeepers revealed that at least one lakh rupees would be required for the repair of each shop.

Therefore, an immediate need for three crore forty-one lakh rupees has arisen. Business has been suspended for 12 days, and the work of repair, decoration, and renovation will continue for another month. The overall estimated expenditure is around three crore rupees.

On this occasion, representatives of Silani Welfare Trust assured the shopkeepers of all possible cooperation and stated that traders and Silani Welfare Trust will work together to repair the shops, and financial assistance will be provided to the extent possible. Shopkeepers expressed their gratitude to the representatives of Silani Welfare Trust for their proposal.

Copyright Business Recorder, 2023

Comments

Comments are closed.